ARTICLE 3 #Sugar Updates - AGRI FOOD UPDATE

www.sugarethanolbioenergy.com-🚛 Malaysia’s Transport Ministry Pushes for 10-Year Land Lease Extension for MSM Sugar Refinery in Perai 🍬 Amid Major Redevelopment Plans 🏗️

The Ministry of Transport (MOT) has announced plans to seek a 10-year extension of the land lease for Malaysia Holdings Berhad’s (MSM) sugar refinery located in Perai. The refinery operates on land owned by the Railway Assets Corporation (RAC), and the proposed extension aims to provide MSM with ample time to plan its long-term operations without the risk of immediate closure or relocation.