MSM group chief executive officer Syed Feizal Syed Mohammad
KUALA LUMPUR: Malaysia’s largest sugar producer MSM Malaysia Holdings Bhd
has gathered momentum to further divest its non-core assets as part of the group’s turnaround plan to ensure sustainable growth.
The sugar producer’s shareholders gave the nod yesterday to dispose of its entire stake in its wholly-owned subsidiary MSM Perlis Sdn Bhd to FGV Integrated Farming Holdings Sdn Bhd for RM175mil cash.
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