Independent journal on economy and transport policy
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Mitsui & Co. it sells to HPH own quotas in two container terminal of the ports of Hong Kong and Shenzhen
Draft of the terminaliste societies Hongkong International Terminals and Yantian International Terminals Container
February 17, 2011
The Japanese group Mitsui & Co. it has yielded own participation in two container terminal of the ports of Hong Kong and Shenzhen to the terminalista group Hutchison Port Holdings (HPH) of Hong Kong, that the terminals are shareholder of majority of both.
In particular, the Japanese company has sold 1% of the capital stock of the HIT Investments Ltd., society of the group HPH that controls the terminalista enterprise Hongkong International Terminals (HIT) of Hong Kong, and has sold 2% of the Yantian International Container Terminals (YICT), joint venture between HPH and Shenzhen Yantian Port Group, and of its branches.
Mitsui & Co. it has specified that it has decided such disinvestment as a result of the demand of purchase of own quotas by Hutchison Port Holdings.
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