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Aitken Spence to manage Fijian ports

30 April 2013 08:59 am - 12     - {{hitsCtrl.values.hits}}


Aitken Spence PLC today entered into a joint venture agreement with Fiji Ports Corporation Limited to purchase 51 per cent of the Fiji Ports Terminal Limited shares at a price of Fiji dollars 10.53 million, the Fijian media said.

With this acquisition, Aitken Spence is expected to increase the efficiency of two Fijian ports -- in Suva and Lautoka.

Aitken Spence Maritime Chairman Parakrama Dissanayake signed the agreement on behalf of company and Commissioner Western Commander Joeli Cawaki signed on behalf of Fiji Terminal Limited.

  Comments - 12

  • Be fair...... Tuesday, 30 April 2013 09:05 AM

    wow, this is great, at least ships must be coming there than our brand new port

    Harry Belafonte Tuesday, 30 April 2013 09:35 AM

    Way to go BLUE CHIP...what is the annual volume of freight in TEU's inbound and outbound from each of these ports?

    Rajani Tuesday, 30 April 2013 10:06 AM

    CEB managemnet should learn from these blue chip companies how to manage the institutions and develop the organisation and the country. Well done Aitken Spence.

    Sampath Tuesday, 30 April 2013 10:20 AM

    This is Fantastic News.... Hope we can have a high flying Sri Lankan flag there as well.

    PRASANNAJIT Tuesday, 30 April 2013 10:50 AM

    Govt can offer Hambantota port to Aitken Spence.

    King shadhu Tuesday, 30 April 2013 11:31 AM

    Do you think Aitken Spence will risk their investment?

    Ela Malli Tuesday, 30 April 2013 11:34 AM

    What's the purpose of flags flying high when all Sri Lankans have to practically crawl through their lives

    wasanthi Tuesday, 30 April 2013 12:07 PM

    Hand over CEB ,CPC to Aitkenspence or John keels.

    Fair N Square Tuesday, 30 April 2013 03:15 PM

    IF that is done, The HIGH UPS wont get their commissions, perks and privileges. So they will do all within their power and beyond NOT to privatize...

    Mutu Tuesday, 30 April 2013 08:34 PM

    What is there to manage in a swimming pool.

    dr Zivago Wednesday, 01 May 2013 06:44 AM

    Way to go!! may be soon it is Singapore and Dubai. Aim high Fellas

    King th Kong Wednesday, 01 May 2013 07:21 AM

    what a good news in bad times...this shows still we have top class entrepreneurs. If we can throw away this rotten politicos from my blessed motherland, it'll do loads of good things

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