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MALAYSIA PRESS-Malaysia's MSM plans to build $260 mln sugar refinery-The Star

Reuters

Malaysian sugar refiner MSM Malaysia Holdings Bhd plans to expand its business by building a 1.1 billion ringgit ($260.36 million) refinery in the southern state of Johor, The Star reported on Thursday, citing group chief executive officer Sheikh Awab Sheikh Abod.

The company is also planning to buy mills and a plantation from a state-owned Indonesian sugar producer, the English daily reported quoting Sheikh Awab, without revealing the identity of the Indonesian firm.

For the full story, please click: http://bit.ly/1Jza8Y7

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NOTE: Reuters has not verified these stories and does not vouch for their accuracy.

($1 = 4.2250 ringgit) (Compiled by Kuala Lumpur newsroom; Editing by Sunil Nair)