PSA plans thwarted

News-in-print 1 Jan 2005 by WCN Editorial

Sun Hung Kai Properties (SHKP) has sold its 57 per cent stake in Asia Container Terminals (ACT) to existing shareholders CSX World Terminals (CSXWT) and NWS Holdings, thereby thwarting PSA International’s ambition to buy into the Kwai Chung containerport.

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Business Mergers/Acquisitions/Restructuring Asia Container Terminals CSX World Terminals Dubai Ports International NWS Holdings PSA International

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