Sugar producer wants to increase price by 40 sen per kilo


  • Nation
  • Monday, 15 May 2017

KUALA LUMPUR: MSM Malaysia Holdings Bhd is still in talks with the government to increase the local sugar price by 40 sen per kilogramme to ensure the company's profitability this year.

Felda Global Ventures Holdings Bhd (FGV) group president and chief executive officer Datuk Zakaria Arshad said the volatility in raw sugar prices, coupled with the ringgit's performance had made this year a very challenging one.

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