MALAYSIA-PRESS-Tycoon to privatise MMC Corp, list Tanjung Pelepas Port- The Edge

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MMC Corp Bhd is set to embark on a corporate exercise that will lead to the listing of one of its prized assets - Pelabuhan Tanjung Pelapas Sdn Bhd (Tanjung Pelepas Port or PTP) - subsequent to its privatisation, sources said. They added that a local banking group has agreed to provide Syed Mokhtar Al-bukhary with the finance for the privatisation of debt-laden MMC Corp, in which he controls a ...

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