
Temasek Holdings, the government's investment company
of Singapore, is reportedly considering the possible sale of the 20% stake in the
Port Business Division of the CK Hutchison Group
Hong Kong Holdings which is made up of Hutchison Port
Holdings (HPH), of which it holds 80% of the capital, but also by the
A shareholding in the Hutchison Port Holdings Trust (HPH Trust),
in which he owns 30.07% of the capital. The possible assignment is
was announced by the "Reuters" news agency
Temasek Holdings operates in the port sector through
wholly owned subsidiary PSA Inernational, which
operates one of the world's leading port terminal networks
in the container segment. PSA acquires 20% of Hutchison
Port Holdings in 2006 for $4.4 billion
(
of 21
April 2006).
"Reuters" specified that PSA would be in the stages
of the evaluation of this possible sale, but
some potential bidders have already been identified.
These would include Chinese port operators,
liner shipping and global infrastructure funds.
PSA International is present in Italy in the port of
Genoa, with the PSA Genova Pra' and PSA SECH container terminals, and in the
port of Venice, with the PSA Venice container terminal. The network
of Hutchison Port Holdings consists of terminals in all
continents, including Europe where it is present in the ports of
Belgium, Germany, Holland, Poland, United Kingdom, Spain and Sweden.