Prime asset: It is crucial for Northport (M) Bhd, the wholly-owned port subsidiary of NCB Holdings Bhd, to enhance the port business of MMC Corp Bhd should it decide to list the division. See story on page 2
PETALING JAYA: Northport (M) Bhd, the wholly owned port subsidiary of NCB Holdings Bhd, is crucial in enhancing the port business of MMC Corp Bhd should it decide to list the division.
This could be the main reason why MMC has been increasing its interest in NCB and prepared to pay a premium price for the port operator since December last year.
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