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Facing an increasingly competitive market, Kontena Nasional Bhd expected to
realign its operation to focus more on activities which are showing better
potential as long-term revenue contributors.
“In view of that we are formulating medium-to long-term strategies for the
group of companies to improve the quality of services said Tan Sri Dato’
Seri (Dr) Ahmad Sarji Abdul Hamid, chairman of NCB Holdings Bhd, the parent
company of Kontena Nasional.
“NCB group has identified warehousing and distribution sector as priority
area for the haulage arm. Kontena Nasional is now developing new warehouse
facilities to support its entry into the new services of warehousing,
inventory management and distribution,” said Ahmad Sarji
“We are beginning to strengthen our core operation and liquidating non-core
business of Kontena Nasional Berhad,” he said.
Towards this, the haulage company arm has entered into a conditional sale
and purchase agreement with Sime Malaysia Region Berhad to acquire 3,000,001
ordinary shares of RM1.00 each in Sime Integrated Logsitics Sdn Bhd, a
company incorporated and engaged in the provision of warehousing and
distribution services, for a cash consideration of RM4.35 million
representing 50 per cent equity interest and on share.
Kontena Nasional which handled 509,270 TEUs in 2004 has liquidated some of
non-core operating companies.
These include the operation of Konnas Agencies Travel Services Sdn Bhd,
Konnas Sarawak Sdn Bhd and PAFA Management Services Sdn Bhd, Kontena
Nasional owns 100 per cent interest in the Konnas Agencies Travel Services
Sdn Bhd and 43 per cent in Konnas Sarawak Sdn Bhd.
The move is expected strengthen its performance in the current financial
year of the company which recorded a loss of RM3.6 million on the turnover
of RM133.7 million last year. |
