KUALA LUMPUR (Jan 7): MSM Malaysia Holdings Bhd has secured a contract worth an estimated RM290 million to supply refined sugar to The Coca-Cola Company (Coca-Cola) for both domestic and international production. In a statement on Friday (Jan 7), the sugar refiner said the contract, won by its wholly-owned subsidiary MSM Prai Bhd, will entail supplying the ingredient to Coca-Cola Bottlers (Malaysia) Sdn Bhd. “MSM Group observes strict quality control and standard operating procedures and its refineries are regularly audited to maintain the highest standard of food safety and quality. Meanwhile, the contract also applied to exports that commenced in December 2021, where the refined sugar supply will be shipped to a different international destination where Coca-Cola has a strong presence. “This accomplishment is an added boost to MSM Group having achieved a turnaround in 2021 and accelerating MSM’s expansion to wider markets across the region.

Source: The Edge Markets January 07, 2022 23:29 UTC