MSM to build RM1.1bil sugar refinery


Select media briefing on Q3 results by Dato’ Dr. Sheikh Awab Sheikh Abod, President / Grp CEO of MSM Malaysia Holdings (18/11/2014/S.S.KANESAN/The Star)

KUALA LUMPUR: Sugar refiner MSM Malaysia Holdings Bhd has plans to expand its business with deals to build a RM1.1bil refinery in Tanjung Langsat, Johor, as well as acquire mills and a plantation from a state-owned Indonesian sugar producer.

Group chief executive officer Datuk Dr Sheikh Awab Sheikh Abod (pic) said MSM was confident of winning the tender for the Indonesian mill development project, despite there being four other parties bidding for the project.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , MSM Holdings Bhd

   

Next In Business News

Inflation rises slightly in October
RHB, CGC in LCTF portfolio guarantee deal
Affin Bank 3Q earnings jump 45%
Allianz quarterly top line climbs 10%
Lagenda Properties' unit secures contract worth up to RM99.6mil
Icon Offshore secures four key agreements to drive portfolio growth and expansion
RHB, CGC ink Malaysia’s first LCTF portfolio guarantee agreement, valued at RM400mil
Solarvest secures RM142mil solar EPCC contract in Kedah
Allianz Malaysia posts 7.4% lower earnings of RM183.17mil in 3Q
Tex Cycle eyes M&A, ESG market expansion

Others Also Read