Independent journal on economy and transport policy
13:40 GMT+1
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ICTSI will introduce an offer in order to buy the terminalista society Portek International
The Philippine group is ready to invest cash about 146 million dollars
June 1, 2011
The terminalista group Philippine International Container Terminal Services, Inc. (ICTSI) has announced the next presentation of an offer in order to acquire the entire capital stock of the Portek International, society of Singapore that work harbour terminals for container and other goods in Asia (Indonesia), Africa (Algeria and Gabon) and Europe (Malta) and that it takes care of the planning, sale and chartering of harbour equipments.
The offer, than ICTSI it will introduce in the third week of this month through the society indirectly integrally controlled ICTSI Far East, will be based on a value of 1,20 dollars of Singapore for cash each action of the Portek, for a total of beyond 180 million dollars of Singapore (USA 146 million dollars).
ICTSI has explained that with the acquisition of the Portek, society that is quoted to the Stock exchange of Singapore, the Philippine group will widen own net of harbour concessions introducing 22 harbour terminals to you in 17 nations. ICTSI has specified that Portek work terminal with an ability to traffic of the container until 350.000 teu per year and that also the Philippine group and its branches manage terminal of analogous ability commanded from the greater terminal of the group that is Manila International Container Terminal (MICT) of the port of Manila, that it has a annual ability to traffic of 1.900.000 teu.
The operated terminalistica net from Portek International is constituted by terminal in the Indonesian ports of Giacarta and Banten, from terminal in the ports of Port Gentil and Owendo in the Gabon, from the Bejaia Mediterranean Terminal of the Algerian port of Bejaia and from the TV assistant Gateway Terminal of Malta.
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The terminalista group Philippine International Container Terminal Services, Inc. (ICTSI) has announced the next presentation of an offer in order to acquire the entire capital stock of the Portek International, society of Singapore that work harbour terminals for container and other goods in Asia (Indonesia), Africa (Algeria and Gabon) and Europe (Malta) and that it takes care of the planning, sale and chartering of harbour equipments.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
