MSM cautiously optimistic of turnaround

MSM group chief executive officer Syed Feizal Syed Mohammad

KUALA LUMPUR: MSM Malaysia Holdings Bhd, which posted a net profit of RM96.86mil in the third quarter ended Sept 30, is cautiously optimistic on its turnaround plan.

“We remain cautiously optimistic on the group’s turnaround plan and the ability to achieve sustainable growth amidst the rising trend of global raw sugar price.