MMC Corporation Berhad Announces Re-Designation of Datuk Ooi Teik Huat as Independent and Non-Executive Chairman of Audit Committee

MMC Corporation Berhad (MMC) is a Malaysia-based investment holding, construction, mining and mineral exploration company. MMC operates through three segments: energy and utilities, ports and logistics, and engineering and construction. Its engineering and construction segment is engaged in the infrastructure and construction projects, and its Others segment is engaged in the investment holding, airport operations and water treatment operations. MMC, through its subsidiaries, is also engaged in the port operations; engineering and management services, and undertaking, constructing, and managing/executing various Light Rail Transit (LRT) project in Malaysia, among others. MMC's businesses in its ports and logistics segment include the operations of Pelabuhan Tanjung Pelepas, Johor Port and Northport in Port Klang. Through its associate stake in Red Sea Gateway Terminal Company Limited, MMC has its operations in container port terminals at the Jeddah Islamic Port in Saudi Arabia.