The company's involvement would be on a commercial or privatisation basis, he said adding that discussions are at a preliminary stage at the moment. Lim added that a meeting would be arranged with the Malaysian state's Menteri Besar (Chief Minister) Mukhriz Mahathir next week. Mukhriz is the third son of former long-running Malaysian prime minister Mahathir Mohamad.
Meanwhile there has been speculation that Syed Mokhtar-linked Puncak Semangat is one of three parties believed to be in talks to take over Luster.
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