Tycoon Reuben Gnanalingam’s Westports Soars To Record High As Malaysia Raises Cargo Fees

Westports operates Malaysia’s largest cargo terminal at Port Klang, near Kuala Lumpur. Courtesy of Westports Shares of Westports—controlled by Reuben Gnanalingam and his family—soared to a record high on Tuesday after the Malaysian government approved increased cargo handling fees at Port Klang, the country’s key transhipment hub. The higher tariffs will be implemented in three…

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