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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MSM , F&N , Chuping

   

Next In Business News

Asian shares extend rally, yen edges higher as BOJ holds steady
Oil prices set to end week higher after US rate cut
TNB inks power supply agreements with Keppel, SP PowerAssets
Bursa Malaysia ends morning session higher
Lazada-backed TNG Digital eyes Malaysian IPO over next 2-3 years, sources say
Malaysia to offer tax breaks, incentives in Forest City development to boost investments
Ringgit surges to 4.18 amid positive domestic factors
US rate cut, Malaysia's structural reforms and economic outlook fuelling ringgit recovery - Bank Negara
Tealive eyes Indonesia, but only if it has 100 stores in the Philippines
SSF Home remains optimistic over outlook for consumer spending

Others Also Read