HPH Trust Units to Buy Majority Stake in Huizhou Terminals

Container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached an agreement to purchase a majority stake in Huizhou International Container Terminals Limited (HICT).

Through its subsidiaries, Yantian International Container Terminals (Phase III) Limited (YICT III) and Shenzhen Pingyan Multimodal Company Limited (PML), HPH Trust will acquire 65% and 15% of HITC equity interest, respectively.