General : MSM Sugar Refinery Lease In Prai To Continue For 15 Years
BUTTERWORTH, Oct 18 (Bernama) -- The lease of the land that houses MSM Malaysia Holdings Berhad's (MSM) sugar refinery in Prai will continue for another 15 years, following the development of Kampung Manis there.
The lease for MSM Malaysia Holdings Bhd's sugar refinery in Prai will be extended for 15 more years, according to Datuk Azhar Ahmad, the CEO of Railway Asset Corporation (RAC). The refinery, which is not part of the Kampung Manis development project, will continue to operate on land owned by RAC. The lease agreement for the refinery will be formalized between the relevant parties for a period of 15 years.
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