MTL invests in Chiwan China Acquisitions and mergers,China Port developments,Chiwan, China Merchants, February 2000

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Issue: February 2000

MTL invests in Chiwan

A joint venture between China Merchants Holdings International and Modern Terminals Ltd (MTL) of Hong Kong has agreed to pay HK$265 mill (US$34 mill) for a 24 per cent stake in Shenzhen Kaifeng Terminal (KFT), which operates two container berths at Chiwan port in western Shenzchen and plans to build two more......

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