MSM

3.400

(%)

OTHERS MSM MALAYSIA HOLDINGS BERHAD (MSMH OR THE COMPANY) ARTICLE ENTITLED: " WILMAR MAY BE KEEN ON MSM UNDERUSED JOHOR REFINERY "

MSM MALAYSIA HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
MSM MALAYSIA HOLDINGS BERHAD (MSMH OR THE COMPANY)

ARTICLE ENTITLED: " WILMAR MAY BE KEEN ON MSM UNDERUSED JOHOR REFINERY "

Reference is made to an article appearing in the Business & Investment Weekly, The Edge newsbreak entitled “Wilmar may be keen on MSM underused Johor refinery” dated 19 July 2021.

 

The Board of Directors of MSMH wishes to clarify that MSM Johor turnaround and improvement plans include growing its inherent export footprint for long term sustainability of which is already serving Vietnam, China, South Korea, Singapore and other countries in the region. Should there be interest from any potential party into MSM Johor, it shall be evaluated with prerequisite of an offtake guarantee based on specific destination market(s) towards reinforcing business sustainability.

 

Any material progress on exploring strategic partnership will be announced accordingly.

 

This announcement is dated 19 July 2021.






Announcement Info

Company Name MSM MALAYSIA HOLDINGS BERHAD
Stock Name MSM
Date Announced 19 Jul 2021
Category General Announcement for PLC
Reference Number GA1-19072021-00028