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Hutchison Port Holdings Trust Annual Report 2012 2
THE TRUST
Hutchison Port Holdings Trust (“HPH Trust” or the
“Trust”) is the world’s frst publicly traded container
port business trust and the frst entity to launch dual
currency trading of its units on Singapore Exchange
(“SGX”). HPH Trust’s investment mandate is to
invest in, develop, operate and manage deep-water
container ports in the Guangdong Province,
Hong Kong and Macau (collectively known
as the Pearl River Delta (“PRD”)).
The Trust owns interests in four market-leading, best-in-class, deep-water
container terminals (“Portfolio Container Terminals”) strategically located
in Kwai Tsing, Hong Kong and Shenzhen, the People’s Republic of China
(“PRC”). The ports operate 32 container berths across 543 hectares of land,
with a combined throughput of approximately 22.9 million1 twenty-foot
equivalent unit (“TEU”) in 2012.
These deep-water ports are supported by three river ports located in
Jiangmen, Nanhai and Zhuhai Jiuzhou, PRC (together the “River Ports”),
in which HPH Trust holds River Ports Economic Benefts2. The River Ports
along with a number of ancillary services, such as container handling,
container storage, container repair, trucking, feedering services, supply chain
management, warehousing and distribution, expand our operational capacity
and services for our customers considerably.
THE TRUSTEE-MANAGER
The Trust is managed by Hutchison Port Holdings
Management Pte. Limited (the “Trustee-Manager”),
an indirect wholly-owned subsidiary of Hutchison
Whampoa Limited.
The Trustee-Manager has the dual responsibility of safeguarding the interests
of unitholders and managing HPH Trust’s businesses. It manages HPH Trust’s
businesses with the key objective of providing unitholders with stable and
regular distributions and long-term growth in distributions per unit (“DPU”).
The Board of Directors (the “Board”) of the Trustee-Manager consists of
individuals with a broad range of commercial experience, including expertise
in the port industry.
1The annual throughput of ACT in 2012 is excluded as the terminal was acquired by HPH Trust on
7 March 2013
2The River Ports Economic Benefts represent the economic interest and benefts of the River Ports,
including all dividends and any other distributions or other monies payable to Hutchison Port
Holdings Limited (“HPH”) or any of its subsidiaries in its capacity as a shareholder of the relevant
holding company of the River Ports arising from the profts attributable to the business of the
River Ports and all sale or disposal proceeds derived from such businesses, assets, rights and/or
liabilities constituting any part of the business of the River Ports as agreed with HPH and any of
its subsidiaries
Trust
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