Article: ANALYSIS - PHILIPPINES' ICTSI CUTS DEALS IN CHINA, BRAZIL, SYRIA.

(Analysis from Asia Today International, Australia's regional business magazine.

Contact: asiatoday(at)asiatoday.com.au)

MANILA, May 15 Asia Pulse - Philippine global port operator, International Container Terminal Service Inc. (ICTSI), is continuing aggressive expansion, with deals cut in China, Brazil and Syria.

Its China entry is through acquisition of a 60 per cent stake in Yantai Gangtong Container Terminal Co. Ltd. (YGCTCL). ICTSI told the Philippine Stock Exchange that its holding company, ICTSI (Hong Kong) Ltd, had signed a joint venture with Yantai Port Group Co. Ltd. and SDIC Communication. YGCTCL manages the Yantai Gangtong Terminal ...

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