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ICTSI raises nearly P5B from sale of treasury shares

INTERNATIONAL CONTAINER TERMINAL SERVICES, INC. LISTED port operator International Container Terminal Services, Inc. (ICTSI) announced on Monday that it had successfully raised P4.7 billion from the sale of its 40 million treasury shares. In an e-mailed statement, ICTSI said the offering was “oversubscribed” by “high-quality” foreign and local investors. The company sold 40 million treasury shares at P117 per share representing a 3.9% discount to the closing share price on Nov. 25, ICTSI said. The offering was the company’s first equity follow-on offering since 2013, according to ICTSI, adding that proceeds would be used to fund “general corporate purposes, including committed capital expenditures and acquisitions.”

Manila internationalPhilippines generalUmm qsarArjayl balinbinContecon manzanilloManila international container terminalInternational container terminal services incInternational container terminal servicesBasra gateway terminalDemocratic republicமணிலா சர்வதேசபிலிப்பைன்ஸ் ஜநரல்மணிலா சர்வதேச கொள்கலன் முனையத்தில்சர்வதேச கொள்கலன் முனையத்தில் சேவைகள் இன்க்சர்வதேச கொள்கலன் முனையத்தில் சேவைகள்பாஸ்ரா நுழைவாயில் முனையத்தில்

ICTSI raises P4 7 B from treasury shares sale

ICTSI raises P4 7 B from treasury shares sale
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

International container terminal services incInternational container terminal servicesVice presidentChief financialசர்வதேச கொள்கலன் முனையத்தில் சேவைகள் இன்க்சர்வதேச கொள்கலன் முனையத்தில் சேவைகள்துணை ப்ரெஸிடெஂட்தலைமை நிதி

ICTSI returns to equity market, raises P4 7B

ICTSI returns to equity market, raises P4 7B
inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.

Enrique razon jrInternational container terminal services incInternational container terminal servicesRafael consingInquirer businessசர்வதேச கொள்கலன் முனையத்தில் சேவைகள் இன்க்சர்வதேச கொள்கலன் முனையத்தில் சேவைகள்விசாரிப்பவர் வணிக

ICTSI raises Php4 7 B (US$97 M) from sale of 40 M treasury shares | Hellenic Shipping News Worldwide

ICTSI raises Php4 7 B (US$97 M) from sale of 40 M treasury shares | Hellenic Shipping News Worldwide
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Asia pacificInternational container terminal services incContainer terminal servicesVice presidentChief financialInternational container terminal servicesMiddle eastஆசியா பெஸிஃபிக்சர்வதேச கொள்கலன் முனையத்தில் சேவைகள் இன்க்கொள்கலன் முனையத்தில் சேவைகள்துணை ப்ரெஸிடெஂட்தலைமை நிதிசர்வதேச கொள்கலன் முனையத்தில் சேவைகள்நடுத்தர கிழக்கு

Baltic Container Terminal builds intermodal rail facility | Hellenic Shipping News Worldwide

Baltic Container Terminal builds intermodal rail facility Baltic Container Terminal (BCT) in Gdynia, Poland has joined the EU-backed COMODALCE project, designed to take intermodal rail operations to a new, higher level. Participation in the COMODALCE initiative is the latest in a series of measures implemented by BCT that have combined to lift intermodal rail traffic to account for 30 per cent of BCT’s annual container throughput. BCT currently processes 250 intermodal trains operated by 13 intermodal operators on a monthly basis. BCT’S market reach via rail includes all major destinations in Poland and extends along the increasingly important trans-European Baltic – Adriatic Corridor (Corridor VI). This runs from Gdynia via southern Poland (Upper Silesia), Vienna and Bratislava and the Eastern Alpine region right through to Northern Italy, serving diverse industrialised centres en route.

Bratislavsky krajSlovak republicUpper silesiaPoland generalWojciech szymulewiczInnovation programmeInternational container terminal services incPort of gdynia authorityGdynia port community systemContainer terminalEuropean balticAdriatic corridorEastern alpineNorthern italyCentral europeOperating system