Cosco Pacific Considers Trust After Hutchison Port Listing
This article is for subscribers only.
Cosco Pacific Ltd., the terminal arm of China’s biggest shipping group, said it may put some operations in a business trust following Hutchison Port Holdings Trust’s Singapore trading debut earlier this month.
“We are looking at it comprehensively,” Deputy Managing Director Kelvin Wong told reporters today in Hong Kong. “The steady cash flow from our port business has attracted many investment bankers to come and tell us the benefits of port trusts.”