MOT does not oppose MMC's port stake divestment to foreign entities, says Loke | TheStarTV.com

MOT does not oppose MMC's port stake divestment to foreign entities, says Loke

Published on 16 Apr 2024 4:04:05 PM

The Transport Ministry (MOT) has no objections if MMC Corp Bhd plans to divest its 49 per cent stake in MMC Ports Holdings Bhd, even to foreign entities, said Anthony Loke.

However, the Transport Minister emphasised the necessity of scrutinising matters related to concessions and the ownership status of this key national asset.

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Keywords
transport ministry , anthony loke , mmc, stake, ministry of transport, anthony loke, ports sector, gip, ptp, port

The Transport Ministry (MOT) has no objections if MMC Corp Bhd plans to divest its 49 per cent stake in MMC Ports Holdings Bhd, even to foreign entities, said Anthony Loke.

However, the Transport Minister emphasised the necessity of scrutinising matters related to concessions and the ownership status of this key national asset.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
transport ministry , anthony loke , mmc, stake, ministry of transport, anthony loke, ports sector, gip, ptp, port

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