SUBSCRIBERS
HPH Trust buys stake in Huizhou container terminals from sponsor
US$86m acquisition through 2 subsidiaries leaves the trust with an effective holding of 41.3%
Published Wed, Dec 28, 2016 · 09:50 PM
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Singapore
PORT operator Hutchison Port Holdings (HPH) Trust has agreed to buy a stake in Huizhou International Container Terminals Limited (HICT) from the trust's sponsor for about US$86.26 million.
In a Singapore Exchange filing on Wednesday, HPH Trust said that HICT owns and operates container terminals in the Quanwan port zone o…
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