Govt not told of any foreign acquisition of MMC Port shares, says Loke

Published on 17 Jul 2026 3:41:14 PM

The government does not interfere in the appointment of management companies to operate ports and only requires that Malaysian hold a majority stake in the company, says Transport Minister Anthony Loke.

He said the government's policy is solely to regulate the shareholding structure of such companies.

Loke was responding to a question regarding a Reuters report on the appointment of Emirati national, Sultan Ahmed Sulayem, as executive chairman of MMC Port Holdings Bhd.

Considered as one of the UAE's most powerful figures, Sulayem resigned from Dubai-based DP World in February after scrutiny over email exchanges with convicted sex offender, Jeffrey Epstein, that were released by the U.S. Justice Department.

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Keywords
news, thestartv, the star, sultan ahmed sulayem, epstein, mmc port, anthony loke, dp world, azman shah

Keywords:
news, thestartv, the star, sultan ahmed sulayem, epstein, mmc port, anthony loke, dp world, azman shah