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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read