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KUALA LUMPUR: MSM Malaysia Holdings Bhd, which posted a net profit of RM96.86mil in the third quarter ended Sept 30, is cautiously optimistic on its turnaround plan.
OVER the last few years, MSM Malaysia Holdings Bhd has faced issues of overcapacity due to a supply glut in the local sugar market as well as governance issues.
KUALA LUMPUR: MSM Malaysia Holdings Bhd expects demand for sugar to pick up gradually by five to 10 per cent in the second half of the year (2H2021).
PRAI: MSM Malaysia Holdings Bhd’s wholly-owned subsidiary, MSM Prai Bhd (MSM Prai) has signed a certificate of collaboration (COC) with Penang Environment Department (DOE) enabling green initiative in preserving and conserving the environment.
KUALA LUMPUR (Bernama) -- Demand for refined sugar remains stable despite the imposition of the third Movement Control Order (MCO 3.0) and the extension of the nationwide lockdown, said MSM Malaysia Holdings Bhd group chief executive officer Syed Feizal Syed Mohammad.
KUALA LUMPUR: MSM Malaysia Holdings Bhd (MSM) is still assessing the impact of the temporary operations suspension at its MSM Prai plant from June 8 to 15, to carry out disinfection to curb the spread of Covid-19.
KUALA LUMPUR: Subsidiaries of FGV Holdings Bhd (FGV), MSM Malaysia Holdings Bhd (MSM) and FGV Integrated Farming Holdings Sdn Bhd (FGVIF) have entered into a binding term sheet on the respective disposal and acquisition of 100 per cent stake of MSM's wholly-owned subsidiary, MSM Perlis Sdn Bhd.
FGV Holdings Bhd’s unit FGV Integrated Farming Holdings Sdn Bhd (FGVIF) had on Tuesday signed an agreement to buy the entire 100 per cent equity interest in MSM Perlis Sdn Bhd, which owns about 4,500 hectares in Chuping, Perlis, for RM175 million.FGV unit buys MSM Perlis for RM175m