Independent journal on economy and transport policy
08:34 GMT+2
EPF board snubs MMC
(The Edge Daily)
December 23, 2008
by Jose Barrock theedgedaily.com
KUALA LUMPUR: Tan Sri Syed Mokhtar Albukhary's plan to hive off a block of shares in Port of Tanjung Pelepas (PTP) has hit a snag, sources said.
An initial proposal by his flagship MMC Corporation Bhd, which owns 70% of PTP, to divest a 20% stake in the port to the Employees Provident Fund (EPF) is said to have been rejected by the pension fund's board ...... Read more on The Edge Daily
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