Portek International

[portuser]

Taking advantage of the depressed market today (15Feb11) and some loose-footed shareholders who turned sellers, Chairman/MD Larry Lam added another 100 lots and paid $0.525/share.....
http://info.sgx.com/webcorannc.nsf/Annou...endocument
With this purchase, Lam now owns a direct personal stake of 23.97% in Portek's issued equity shares.

Portek has done S'pore proud.
It manages ports that were previously state-run, introducing automation and mechanisation, improving work flow etc.
Host countries benefit from speedier cargo movements, which lower the costs of trades.
The fact that it is now operating terminals profitably in four countries, and is in the running for operating terminals in Russia, speak vol of its competence.