Reuters exclusively revealed that Malaysian tycoon Syed Mokhtar Al-Bukhary is seeking to bring an investor into MMC Port Holdings – a deal that could value the country’s biggest port operator at more than 12 billion ringgit ($2.7 billion).
Business & FinanceDeals
Malaysian tycoon weighs selling a stake in $2.7 bln port business
22 May 2023, 4:58 pm 1 minute
Market Impact
Sources said a sale could be a precursor to a potential MMC Ports listing on the Malaysian stock exchange in a few years.
Article Tags
Topics of Interest: Business & FinanceDeals
Type: Reuters Best
Sectors: Business & Finance
Regions: Asia
Countries: Malaysia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story