Why Syed Mokhtar needs a man from Dubai
The concession darling can't sell his ports and won't cede control.
On Monday, PM Anwar Ibrahim addressed the Dewan Negara (Senate) on KWAP’s RM200 million eFishery investment.
I’ll probably get to that in the next newsletter, if there’s anything follow-up-worthy.
But, there’s a bigger issue that deserves the PM’s explanation: the board change at MMC Port Holdings.
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Reuters reported last week, citing an internal memo, that Syed Mokhtar Albukhary’s MMC Port had appointed Sultan Ahmed Sulayem as executive chairman.