Malaysia can’t block MMC Port chief as state doesn’t meddle in company matters: minister

Malaysia's Transport Minister Anthony Loke stated on Friday that the government cannot interfere in the management of companies, including port operators. This clarification follows the appointment of former DP World chief Sultan Ahmed bin Sulayem to lead MMC Port Holdings, Malaysia's largest port operator. Loke explained that the government's regulation is limited to shareholding structures, requiring majority Malaysian ownership of 51% for companies operating concessions and strategic national assets like ports. However, he emphasized that management decisions are left to the companies themselves. Sultan Ahmed had previously resigned from his role at DP World amid scrutiny over alleged ties to Jeffrey Epstein.