Singapore GLCs eyeing Sabah ports


  • Business
  • Thursday, 18 Jan 2007

PETALING JAYA: Suria Capital Holdings Bhd, which operates all of Sabah’s seven ports, has caught the eye of Singapore government-linked companies (GLCs). 

The GLCs are keen to acquire a substantial stake in Suria, sources told StarBiz yesterday. If a deal were struck, the Singapore GLCs would have equity exposure to the ports in Sabah, which is believed to be the world’s biggest exporter of palm oil. 

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