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MSM's RM34m Q1 loss leans on KL to raise sugar prices again

Malaysia's largest sugar refiner needs price hike but has to tread carefully with upcoming Hari Raya

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Putrajaya could face added pressure to approve another sugar price hike following a hefty first quarter loss by MSM Malaysia Holdings Bhd, which the state-owned sugar refiner attributed to higher raw material costs and a weakening ringgit.

Kuala Lumpur

PUTRAJAYA could face added pressure to approve another sugar price hike following a hefty first quarter loss by MSM Malaysia Holdings Bhd, which the state-owned sugar refiner attributed to higher raw material costs and a weakening ringgit.

For the three months to end-

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