Independent journal on economy and transport policy
13:25 GMT+2
This page has been automatically translated by Original news
the malaysian MMC Corporation currency the possibility to quote own harbour division in Stock exchange
the group is present in the ports of Tanjung Pelepas, Johor, Port Klang and Jeddah
May 26, 2015
In occasion of the assembly of the shareholders held yesterday to Kuala Lumpur the group malaysian MMC Corporation it has announced of having to the examination the possible quotation on the securities market of own harbour division.
The Ports division & Logistics of MMC directly manages the ports malaysians of Tanjung Pelepas through the participation of 70% in the Port of Tanjung Pelepas (PTP) and of Johor through the Johor Port of which it stops the entire capital and it participates to the management of the container terminal Red Sea Gateway Terminal (RSGT) in the Saudi port of Jeddah through the participation of 20% in RSGT (the other shareholders are the Saudis Saudi Industrial Services Co. - SISCO, Xenel Industries and Saudi Trade & Export Development Co. - TUSDEER).
Moreover from the end last year group MMC stops one participation of 15.73% in the compatriot NCB Holdings who possesses the entire capital of the terminalista society Northport (Malaysia) that work in the port malaysian of Port Klang.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher