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In a move aimed at re-engineering
its growth plans including by
drawing better synergies and forging
greater integration, NCB Holdings
Berhad, that controls the country's
largest port operating company and
the largest container haulier in the
country, is expected to commission a
study to re-look at its business
processes and activities.
The company is now evaluation
proposals from at least four
companies with a view to
commissioning a three month study,
said the chairman of NCB Holdings
Bhd Tan Sri Dato Seri Dr Ahmad Sarji
Abdul Hamid.
He said the study will take re-look
into the business plan of NCB group
of companies, Northport (Malaysia)
Bhd that is engaged in port
operation and related services at
Port Klang and Kontena Nasional Bhd
which is involved container haulage,
freight forwarding and warehousing
services.
"The re-assessment of our business
plan is vital as the trading
environment has been changing and
Northport as the premier gateway for
the global trade has to fit into the
current challenging market needs,"
said Ahmad Sarji.
He said study would look into
various operational issues including
the utilization and performance of
the each entity under the NCB group
locally and overseas.
A comprehensive 10-year master plan
is expected to evolve from the study
that will provide a framework for
the future development of the
country's largest transport
conglomerate.
The study will also look into the
recent acquisition Northport
Distributipark Sdn Bhd (NDSB) within
the free zone at Northport in Port
Klang.
NDSB as the fully owned subsidiary
of NMB offers a broader scope and
opportunity to expand its container
freight station into a regional
distribution centre supporting the
core business of the group.
The valuable land bank of NDSB will
also provide NCB with the much
needed space for expansion and
rationalisation of the container
activities at the port.
In terms of business strategy, with
the versatility of the available
resources, NCB is expected to be in
a better position to take on the
challenges in the shipping industry
within the highly competitive
environment at Port Klang.
The study will also include the
group's overseas venture of dry port
operation in Phnom Penh.
The MSE-KPM Co. Ltd. is a dry port
joint-venture company between NMB
subsidiary Kelang port Managemnent
and Meng Srieng Express
Import-Export of Cambodia.
The container haulage & freight
forwarding services of the group,
carried out by Kontena Nasional (KN)
will form an important aspect of the
proposed re-engineering study.
The haulier, which posted RM16.5
million operating profit before
taxation on the back of a turnover
of RM179.2 million in the current
nine months cumulative financial
period ended 30 September 2002, has
six companies under the umbrella.
The companies are namely Konnas
Freight International Ltd, Konnas
Global Logistics Sdn Bhd, Konnas
prolink Sdn Bhd, Konnas Maritime
Services Sdn Bhd and PT Ritra Konnas
Freight centre.
More recently Kontena Nasional
entered into a joint venture
agreement with Tibbett & Britten
Group Plc, a leading UK-based
international supply management
service provider.
The subsidiary of NCB, Kontena
Nasional holds 40 per cent stake in
the Tibbett Britten KN Sdn Bhd which
could open an option for the group
to engage in supply chain management
solutions across the country and
globally.
The new company could strengthen KN
position in container haulage &
freight forwarding services
particularly in customs clearance
and freight forwarding, warehousing
and inventory management, transport
and distribution, added value
services, and vendor consolidation
and reverse logistics. |
