International Container Terminal Services Inc. (ICTSI), a listed ports operator headed by businessman Enrique Razon Jr., completed late Tuesday an overnight share offer that raised P8.19 billion to partly fund its expansion plans.
Port operator International Container Terminal Services Inc. (ICTSI) is set to raise $100 million through its second bond offering in a month as it prepares for more acquisitions this year.
Port operator International Container Terminal Services Inc. (ICTSI) has raised $300 million from the issuance of medium-term notes (MTN).
Razon-led port operator International Container Terminal Services Inc. expects to invest about $95 million to acquire up to 55 percent of Pakistan International Container Terminal Ltd. (PICT), a container cargo terminal operator at Pakistan’s Karachi Port.
International Container Terminal Services Inc. is partnering with one of Indonesia’s largest port developers for the operation and management of the former’s recently acquired facility in Jakarta, Indonesia.
International Container Terminal Services Inc. (ICTSI) said three of its engineers were injured following an accident at the company’s port facility in Gdynia, Poland, where a cargo vessel hit one of the firm’s container cranes.
Port king Enrique Razon Jr. is looking to expand his reach in the Middle East through an acquisition of a major port in Pakistan.
