Westports considers new investors for expansion

The company is also looking at a dividend reinvestment plan and borrowing to help fund the expansion of the facility in Klang, Ruben said.

KUALA LUMPUR: Malaysia’s biggest port operator, Westports Holdings Bhd, is considering external strategic investors to help fund a RM39.6bil expansion that will see capacity nearly double in coming decades.

“We would be open to it if it’s someone who can come and add value to us,” executive chairman Datuk Ruben Emir Gnanalingam said.