MNC looking to invest $60.4m, set up shop in Iskandar Malaysia

Malaysia's Southern Economic Corridor, Iskandar Malaysia, in the Johor state.

A multinational company specialising in the distribution of tropical vegetable oils and their derivatives, has expressed interest to invest MYR250 million ($60.36 million) in Iskandar Malaysia, according to the Johor Tourism, Domestic Trade and Consumerism committee.

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