KUALA LUMPUR: MSM Malaysia Holdings Bhd
will continue managing the hedging of sugar prices according to the market average as it looks forward to possible new mechanisms by the government to replace the temporary incentive for sugar producers.
Group chief executive officer Syed Feizal Syed Mohammad said that currently, the government provides an incentive of RM1 per kilogramme (kg) to local manufacturers to address the continuity of supply and price of sugar for consumers.
