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

Malaysia’s government could not interfere in the management of companies and only regulates ⁠shareholding structures, its transport ⁠minister said on Friday, following the appointment ⁠of former DP World chief Sultan Ahmed bin Sulayem to lead the country’s largest port operator.
Sultan Ahmed, who in February quit his top post at Dubai-based logistics giant DP World amid scrutiny over his alleged ties to Jeffrey Epstein, has taken ‌charge of Malaysian firm MMC Port Holdings.
“We regulate only in...