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.
This story is from the January 19, 2024 edition of The Straits Times.
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This story is from the January 19, 2024 edition of The Straits Times.
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