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JOHOR BARU: Approximately 10.5 tonnes of the new SG1 pineapples from Sarawak are scheduled for shipment to Peninsular Malaysia next week, says Malaysian Pineapple Industry Board (MPIB) chairman Sheikh Umar Bagharib Ali. ....
KUALA LUMPUR: A total of 16 individuals, including 13 foreigners were detained and RM20.6mil worth of items were seized following a raid on a diesel smuggling syndicate in Johor Baru. ....
KUALA LUMPUR: A freighter was seized with its 13 foreign crew arrested as police busted a big smuggling syndicate for subsidised diesel at Johor Port . ....
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. ....