MMC Port’s key assets include a 70% stake in Port of Tanjung Pelepas Sdn Bhd, 100% of Penang Port Sdn Bhd, 100% of Johor Port Bhd and 100% of Northport (M) Bhd in Port Klang. If that happens, it would trigger a general offer at Pos Malaysia Bhd (KL:POS), in which the diversified DRB has a 53.49% stake. Nyalas Rubber Estates controls Sungei Bagan Rubber Co (Malaya) Bhd (KL:SBAGAN) through Kluang Rubber Co (Malaya) Bhd (KL:KLUANG). This one will cost him US$7.5 billion (RM30.7 billion), including US$2 billion for 30-year community programmes. On top of that, Genting Bhd (KL:GENTING) launched a voluntary takeover offer at RM2.35 per share to take Genting Malaysia Bhd (KL:GENM) private.

Source: The Edge Markets January 08, 2026 04:26 UTC