MSM has better chance of returning to the black in 2023: Group CEO


MSM group chief executive officer Syed Feizal Syed Mohammad

KUALA LUMPUR: Sugar refiner MSM Malaysia Holdings Bhd (MSM) will have a better chance of returning to the black sustainably in 2023, said group chief executive officer Syed Feizal Syed Mohammad.

He said MSM is delighted with the government’s announcement allowing the local sugar industry to produce pure white refined sugar with prices determined by market forces without price controls.

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MSM , Syed Feizal Syed Mohammad , sugar

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