APL group pulls out of bid for Indon terminal
Hutchison most likely to be winner of minority stake in Koja
terminal
By Ann Toh
[SINGAPORE]
The NOL Group has confirmed that it has withdrawn the offer by
a consortium led by its container shipping arm APL to purchase
a 49 per cent stake in Indonesia's Koja terminal.
In a statement yesterday, APL said economic viability was one
of the reasons it pulled out
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