Kuala Lumpur: Terminal operator Westports Holdings is on the hunt for Asian merger and acquisition (M&A) targets, its ceo Ruben Emir Gnanalingam told Malaysia’s StarBiz newspaper.
“I can tell you that we are keen, but we want to pursue the right deal where pricing, valuation and prospects of the terminal are within our expectations.
“Southeast Asia is the strongest market for us, as the countries here are still bullish on the economic outlook. Asean potential is amazing in the next 20 to 30 years. This is where the growth will be,” Gnanalingam said.