Independent journal on economy and transport policy
08:37 GMT+2
MMC can now sell PTP stake to foreign parties
(Business Times - Malaysia)
February 16, 2009
By Shahriman Johari Business Times
If a deal can be struck, the conglomerate controlled by Tan Sri Syed Mokhtar AlBukhary will still have to go back to the government for approval, sources say
THE government has allowed MMC Corp Bhd (2194) to talk to foreign parties on the proposed sale of its port in Johor, relaxing an earlier stand, sources said.
This would help MMC, a conglomerate controlled by Tan Sri Syed Mokhtar AlBukhary, to raise much needed funds for expansion ...... Read more on Business Times - Malaysia
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