NCB's shareholding spread puts Perbadanan Nasional in spotlight (Update)


Growing port: Northport recorded a healthy throughput in the first quarter that saw a growth of 12.4% year-on-year underpinned by higher transhipment volumes.

PETALING JAYA: The inadequate public shareholding spread of port and logistics operator NCB Holdings Bhd has thrust the spotlight on its long-term major shareholder, Perbadanan Nasional Bhd (PNB).

NCB’s public shareholding spread, which was at 22.16% as of yesterday, is below the 25% public shareholding spread as per the listing requirements of Bursa Malaysia.

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