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|  | ¡¡¡¡June 12th, PYI Corporation Ltd. (PYI) announced it had bought 25% equity of Jiangyin Sunan International Container Terminal Co. Ltd. (Sunan Terminal) from SIPG Terminal Macau Co., Ltd. for RMB 27.65 million.Sunan Terminal is a joint venture registered in P.R. China, mainly engaged in port and port-related facilities business, providing services in cargo loading and unloading, transport and warehousing services for Jiangyin Port. ¡¡¡¡According to French media reports, Hutchison Whampoa Limited (HWL) and the Korean shipping group, HJS, intend to acquire container terminals in Marseille and Le Havre in France, with exclusive negotiations already in process. However the report did not disclose further details. |
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