MSM cancels Chuping land sale to F&N Holdings 


KUALA LUMPUR: MSM Malaysia Holdings has terminated a deal to sell its sugar plantation in Chuping, Perlis to a unit of Fraser & Neave Holdings Bhd (F&N Holdings).

This was after F&N Holdings had failed to obtain the approval from the Ministry of Economic Affairs, formerly known as the Economic Planning Unit (EPU), to purchase the land.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MSM , F&N , Chuping

Next In Business News

Bank Negara’s international reserves climb slightly to US$125.6bil
Bank Negara leaves OPR steady at 2.75%, as widely expected
Ringgit trading signals growing global confidence in Malaysia
Chipmakers driving AI boom
Nationgate says IRB investigation completed, records in order
CIMB upgraded to AAA in MSCI ESG ratings on stronger sustainability practices
Poultry farmer Hock Soon Capital seeks to raise RM60mil from IPO
Bursa Malaysia continues uptrend at midday
AMS Advanced Material gets Bursa Malaysia's nod for ACE Market listing
Malaysia Airports strengthens China connectivity at KLIA, Tawau to support VM2026

Others Also Read