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MMC eyes handover of loss-making Penang ferry ops to Prasarana in 2 months

MMC eyes handover of loss-making Penang ferry ops to Prasarana in 2 months

KUALA LUMPUR (May 11): MMC Corp Bhd expects to hand over the loss-making ferry operations linking Penang island and Butterworth, to Prasarana Malaysia Bhd within the next two months.

It was reported Prasarana was a little hesitant about taking over the ferry operations, as it would be entering unfamiliar territory and also because the operations were making losses.

MMC group managing director Datuk Sri Che Khalib Mohamad Noh said the reason the transfer of the ferry assets to Prasarana is taking time, is due to "paperwork".

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