MMC Corp to create value for its port unit


KUALA LUMPUR: MMC Corp Bhd will be busy creating value for its port unit in the next one to two years before it considers listing its operations.

Yesterday, the company obtained shareholders’ approval at its EGM to acquire the remaining 51% equity interest in the operator of Penang Port for RM220mil cash from Seaport Terminal (Johore) Sdn Bhd.

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Business , MMC Corp

   

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