P09 - Portek International Limited

Portek International Limited is an investment holding company. Under the Engineering Business segment, it offers sale of equipment, components and spares; equipment leasing; crane mobilization, modernization and modification; technical services, and port information technology solutions.

Under the Terminal operations and Cargo Handling segment, it operates small to medium-sized terminals. Its port operation portfolio includes terminals in Indonesia, Algeria and Malta. Under the Power Generation segment, it holds a 15% interest in PT Metaepsi Pejebe Power Generation. PT Metaepsi Pejebe Power Generation owns a power purchase contract with PT Perusahaan Listrik Negara to construct, own and operate two 40 megawatts GE LM6000 gas-fired turbines in Maura Enim, Southern Sumatra.

On May 2, 2006, it acquired a 51% interest in La Meccanica Generale S.r.l. In November 2007, it incorporated a wholly owned subsidiary, Portek IT & Automation Pte. Ltd.

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SUMMARY

Industry Truck/Trailer Rental
Address 20 Harbour Drive #06-01 PSA Vista Singapore 117612 Singapore
Phone 6568731114
Fax 6568732224

NEWS

  • September 26, 2008 - Portek in talks on share acquisition - PORTEK International said yesterday that discussions are continuing with a certain party to acquire shares in the company. No agreement has been reached on the possible transaction yet, and there is no certainty as to whether one will take place, said Portek, adding that it would make an announcement in future if need be. 'The board wishes to make this announcement to avoid the establishment of a false market in the company's shares,' it said.
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