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core business port operation profit significantly dropped, can anyone please explain to me what is management fee profit? is it profit for managing jesselton quay?
The Edge 18 Aug 25 news. (In September 2024, DP World assumed operational control of SBCP through DPW Sabah Sdn Bhd, the JV company in which it holds 51% equity interest. Suria Capital’s wholly-owned subsidiary, Sabah Ports Sdn Bhd, retains the remaining 49%.
Analysts have responded positively to the partnership, citing strong potential for Sabah Ports to benefit from DP World’s extensive global expertise and supply chain network)
