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Northport
Corporation Bhd, changed its name to NCB Holdings Bhd and its
subsidiaries – Northport (Malaysia) Bhd (formerly known as Klang
Container Terminal Bhd) and Kontena Nasional Bhd. Following the
successful integration and merger of Northport (Malaysia) Bhd (NMB) and
Kelang Port Management Sdn Bhd's operational activities under the
flagship of Northport, all employees of KPM were absorbed into NMB. All
moveable assets of KPM have been transferred to NMB and a management
contract concluded between the two companies as the manager of the
activities on behalf of KPM license holder effective 1 January 2002. As
a single service provider NMB interacts better and stronger with the
market that was served previously by two separate companies.
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