The infrastructure investor has begun seeking financing for the potential acquisition of a stake in MMC Port, part of the MMC Corp conglomerate controlled by Malaysian tycoon Syed Mokhtar AlBukhary, one of the sources said.
Reuters first reported in May last year, citing sources with knowledge of the matter, that Tan Sri Syed Mokhtar, ranked the 11thrichest man in Malaysia by Forbes, was looking at bringing an investor into MMC Port Holdings.
Denne historien er fra January 19, 2024-utgaven av The Straits Times.
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Denne historien er fra January 19, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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HIT THE RAILS ON A BIKE
It is always a thrill to pull out of a train station and feel yourself picking up speed, wheels click-clacking over the rails.
From drugs, jail and bankruptcy to social enterprise cafe for ex-offenders
Drugs. Bankruptcy. Failed marriages. And prison. But Mr Matthew Poh is not letting his past define him.
Small Rain finds great intimacy amid medical isolation
How has the Covid-19 pandemic shaped literary fiction? American novelist Garth Greenwell's turn from two erotically charged novels set in Bulgaria to his latest – a pandemic novel set in the sexless emergency ward of an Iowa hospital – offers answers.
Grab Singapore's managing director listens to audiobooks
Mr Yee Wee Tang, 48, managing director of Grab Singapore, recently announced that the company has upgraded its Grab Benefits 2.0 programme and will spend $4 million a year on welfare for drivers and delivery workers who use the platform.
Japanese author inspired by external environs
Ko Shinjo is behind the novel that inspired Netflix hit Tokyo Swindlers
Gen Z couples say no to hawker centre first dates
In the light of a Bumble survey, The Sunday Times speaks to four couples to find out how dating etiquette has evolved over the years
Let's Talk About Death Who will care for my sister when I die?
Let's Talk About Death is a five-episode docuseries that follows several millennials and their loved ones as they navigate end-of-life planning, and seeks to kick-start honest conversations about death and dying well.
Maeder, kitefoiling get sweet Yeo's bundle deal
An already momentous year for Singapore's kitefoiler Maximilian Maeder got even better on Nov 9, when local food and beverage company Yeo Hiap Seng (Yeo's) extended their sponsorship deal by another four years from 2025 to 2028.
CAVENDISH'S FINAL RACE
Legend confirms that S'pore Criterium is his swansong - and he wants to claim it
Improving Chelsea can beat any team, says Maresca
UP FOR THE FIGHT
