Malaysia: Seaport Terminal Wins Bid to Privatise Penang Port

The Transport Ministry has confirmed that Seaport Terminal (Johor) Sdn Bhd has won the bid to privatise the Penang Port, according to bintuluport.com. In a written reply to Chong Eng (DAP – Bukit Mertajam), its minister Datuk Seri Kong Cho Ha said the company won the bid via its equity ownership in Penang Port Sdn [...]