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14  MSM MALAYSIA HOLDINGS BERHAD             WHO WE ARE     STATEMENT & DISCUSSION BY OUR LEADERS   HOW WE OPERATE
          ANNUAL INTEGRATED REPORT 2021

            OUR


            VALUE CHAIN









            The MSM Group focuses on the mid-stream activities of the sugar value
            chain - namely sourcing, processing, marketing and distribution of refined sugar
            products, value added sugar products and sugar manufacturing by-products.

            Through two established refineries situated in Prai, Penang and Tanjung Langsat,
            Johor, MSM is known for its premium quality sugar with a high sucrose

            content which has a dominant presence among the food and beverage industry
            consumers, both domestically and regionally.

            Recently, MSM has ventured into producing value added sugar products such
            as liquid sugar, fine syrup and premix by leveraging on expanded production
            capacities.

            MSM is currently exploring the recycling of sugar refining industry’s

            by-products by  converting  waste,  namely mudcake into fertilisers, and
            molasses into high value products.




























       Raw Sugar                                             Refinery
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