Page 11 - ar2012

Hutchison Port Holdings Trust Annual Report 2012 9
KEY
Events
On 8 January 2013, YICT handled its
100 millionth TEU, a record it achieved in a
mere 18.5 years. With “100 Million TEU and
beyond” as its slogan, YICT is committed to
overcoming all challenges and reaching new
heights in 2013.
HPH Trust was the frst ever entity to launch dual
currency trading of its units on SGX in April 2012,
allowing investors to trade in both Singapore and
US Dollars. Dual currency trading has provided
additional fexibility and convenience for local and
global investors and has been well received.
YICT Handles
its 100 Millionth
TEU in 2013
First to Launch
Dual Currency
Trading on SGX
On 7 March 2013, HPH Trust acquired 100% interest in
ACT for HK$3.917 billion. ACT, also known as Container
Terminal 8 West, is adjacent to the Trust’s existing
container terminals at Kwai Tsing Port. ACT is a strategic
addition to HPH Trust’s portfolio assets as it will increase
the handling capacity of the Trust’s terminals in Hong
Kong and enhance the overall operational fexibility and
effciency of the Trust’s existing Kwai Tsing Port facilities.
HPH Trust
Acquires 100%
Interest in ACT