MMC Corporation Bhd has received shareholders approval for the acquisition of port and logistics operator NCB Holdings Bhd.
At it EGM on Wednesday, the company said it secured 99.99% of acceptances for the corporate exercise in which it offered RM4.40 per NCB share.
MMC chief executive officer Datuk Seri Che Khalib Mohamad Noh said that he was very happy with the outcome of the EGM.
"We hope to see better synergies with this company such as cost efficiencies," he said.
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At it EGM on Wednesday, the company said it secured 99.99% of acceptances for the corporate exercise in which it offered RM4.40 per NCB share.
MMC chief executive officer Datuk Seri Che Khalib Mohamad Noh said that he was very happy with the outcome of the EGM.
"We hope to see better synergies with this company such as cost efficiencies," he said.
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