SINGAPORE: Malaysian tycoon Tan Sri Syed Mokhtar Al-Bukhary is looking at bringing in an investor into MMC Port Holdings - a deal that could value the country's biggest port operator at more than RM12 bil (US$2.7 billion), two people with knowledge of the matter said.
His conglomerate MMC Corp may sell a stake of up to 30% in MMC Ports, said one of the people, adding that financial investors and companies have approached MMC Corp about their interest in the ports business.
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