Why regional ports are unfazed by Thailand's 'land bridge' plan aliran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aliran.com Daily Mail and Mail on Sunday newspapers.
BATU KAWAN, Feb 16 The development of Batu Kawan Industrial Park 3 (BKIP 3) showcases Penang’s great success in the industrial sector, according to Prime Minister Datuk Seri.
BERNAMA - BATU KAWAN INDUSTRIAL PARK 3 SHOWCASES PENANG'S SUCCESS IN INDUSTRIAL SECTOR bernama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bernama.com Daily Mail and Mail on Sunday newspapers.
Global Infrastructure Partners (GIP) is in talks to buy up to a 49% stake in MMC Port Holdings, in a deal potentially valuing Malaysia's biggest port operator at around 30 billion ringgit ($6.4 billion), two sources with knowledge of the matter said. 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 Al-Bukhary, one of the sources said. A 49% stake in MMC Port would be worth $3.1 billion, although it is not clear yet what kind of premium will be agreed on by the two companies.
Global
Infrastructure Partners is in talks to buy up to a 49%
stake in MMC Port Holdings, in a deal potentially valuing
Malaysia s biggest port operator at around 30 billion ringgit
, two sources.