Gantry cranes operated by Hongkong International Terminals Limited (HIT)., a unit of CK Hutchison Holdings’ Hutchison Port Holdings at the Kwai Tsing Container Terminals in Hong Kong on Monday, March 13, 2023. Photo: Bloomberg.
Singapore’s PSA in talks to sell 20 per cent of Hutchison’s ports to China’s state giants, sources say
- PSA is seeking about US$4 billion for its 20 per cent share of CK Hutchison’s ports assets, the sources said
- PSA, owned by Singaporean state investment firm Temasek Holdings, is working with an adviser as it fields preliminary interest in the stake, they said
Gantry cranes operated by Hongkong International Terminals Limited (HIT)., a unit of CK Hutchison Holdings’ Hutchison Port Holdings at the Kwai Tsing Container Terminals in Hong Kong on Monday, March 13, 2023. Photo: Bloomberg.
