December 02, 2008

APM to sell 20% stake in Qasim terminal to DP World

It is reported that APM Terminals has agreed to sell its 20% equity stake in Karachi based Qasim International Container Terminal Pakistan Limited to DP World, which is currently the operator and the majority shareholder of the facility.

The sale price and the details of deal have not been disclosed in the statement issued by the company.