MMC may consider spinning off port ops

The Sun(6)


NCB sails into MMC’s port-folio

NST 1(2)

MMC Corp gets shareholders’ approval for NCB takeover

Malaysian Reserve 1(9)

MMC gets nod for NCB takeover

Malay Mail(1)

MMC kukuh segmen pelabuhan, logistic

Berita Harian(4)

MMC to consider spinning off port operations

KUALA LUMPUR: MMC Corp Bhd ( Valuation: 2.40, Fundamental: 1.10), which reported a 54% drop in its net profit for the third quarter ended Sept 30, 2015 (3QFY15), said it will consider spinning off its port operations, following the approval of its shareholders to increase its stake in NCB Holdings Bhd ( Valuation: 1.40, Fundamental: 2.05), the sole owner of Northport (M) Bhd.

The Edge Markets –

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MMC jadi pemain utama industri

KUALA LUMPUR 25 Nov. – Kejayaan menguasai kepentingan syarikat pengendali pela­buh­an Northport di Pelabuhan Klang, NCB Holdings Bhd. (NCB) akan membolehkan MMC Corporation Bhd. (MMC) menjadi pemain utama industri pelabuhan di Malaysia.

Utusan Malaysia –

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NCB Holdings kembali raih keuntungan

Berita Harian

NCB back to profitability

KUALA LUMPUR: NCB Holdings Bhd, which is currently subject to a takeover by MMC Corp Bhd, has returned to the black in its third quarter ended Sept 30, posting a net profit of RM10.89mil versus a net loss of RM2.3mil a year earlier.

The Star –

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