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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
Thursday, June 1, 2017 - 05:50

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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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