PETALING JAYA: MIDF Research remains sanguine on MSM Malaysia Holdings Bhd
’s long term business prospects, given that all rectification works in the sugar producer’s Johor refinery have been completed.
“The refinery can now operate at full throttle, increasing its capacity utilisation factor (UF) from 15%-30% to 40%-50%, thereby paving the way to better economies of scale in refining cost structures ahead,” MIDF Research said.
