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Northport granted extension to concessions


KUALA LUMPUR: Northport (Malaysia) Bhd has been granted a further 30-year concession for the operations of North Port and South Port of Port Klang.

In a filing with the stock exchange, MMC Corp Bhd said its indirect subsidiary, Northport, entered into a privatisation agreement with the government of Malaysia and the Port Kelang Authority whereby it received the additional concession term. 

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