ICTSI gets go ahead for Pakistan investment

 

Manila: International Container Terminal Services Inc (ICTSI) has acquired a substantial stake in a Pakistani port.
 
It is taking a 35% stake in Karachi-based Pakistan International Container Terminal Ltd (PICT) paying 150 rupees per share.
 
In its last fiscal year PICT handled around 670,000 teu, up 11% year-on-year.   [22/10/12]

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