WESTPORTS HOLDINGS BERHAD

KLSE (MYR): WPRTS (5246)

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Last Price

3.90

Today's Change

-0.01 (0.26%)

Day's Change

3.86 - 3.91

Trading Volume

2,290,300


9 people like this.

2,058 comment(s). Last comment by carimakan 1 week ago

Posted by LittleKnife > 2023-12-08 16:36 | Report Abuse

no good news

furball

19 posts

Posted by furball > 2023-12-08 16:58 | Report Abuse

PORT KLANG SEALS THE THIRD SUPPLEMENTAL AGREEMENT FOR THE
PRIVATISATION OF WESTPORTS
PUTRAJAYA, 8 DECEMBER 2023 - The Government of Malaysia, Port Klang
Authority (PKA), and Westports Malaysia Sdn. Bhd. wrote a new chapter in history
today with the signing of the Third Supplemental Agreement for the Privatisation of
Westports, witnessed by YB. Loke Siew Fook, Minister of Transport Malaysia.
Previously, the Westports Privatisation Agreement (Original) between the Government
of Malaysia, Port Klang Authority (PKA), and Westports Malaysia Sdn. Bhd. (formerly
known as Kelang Multi Terminal Sdn. Bhd.) was signed for a period of 30-years
effective from 1 September 1994 to 31 August 2024. The new concession which will
extend a period of 58 years from 2024-2082 will include the existing port facilities in
Westports and the new facilities to be developed during the concession period
involving an investment of RM 39.6 billion.
The expansion of the Westports terminal (CT10 to CT17) is expected to increase its
capacity from 14 million TEUs to 27 million TEUs based on projections until 2082. The
development of the CT10 to CT17 container terminal will be carried out on
sustainability principles, in line with green and smart port concepts, including the use
of automation and digitalization that will not only reduce greenhouse gas emissions
but also future-proof the port. The new development will provide the necessary port
facilities and services to meet future demands to support the nation's economic
growth.
The Government of Malaysia has also extended full support to this initiative in Port
Klang, where the development of maritime infrastructure is a priority in enhancing the
country's economy. The cooperation and collaboration between the public and private
sector in this dynamic industry without doubt will build a brighter future for Malaysia's
port and shipping industry.
.................................................................END...........................................................

Posted by LittleKnife > 2023-12-08 20:13 | Report Abuse

gd news ka ? worth how much wor

Posted by LittleKnife > 2023-12-11 12:02 | Report Abuse

wow... 0 effect.... sign for what ?

Posted by newbie_2018 > 2023-12-26 12:19 | Report Abuse

Israel flag ship cannot enter M'sia is it good?

speakup

25,129 posts

Posted by speakup > 2023-12-26 12:48 | Report Abuse

Is good news to Singapore port

yielder

25 posts

Posted by yielder > 2 months ago | Report Abuse

If melaka port open, will Westport be affected?

carimakan

2,491 posts

Posted by carimakan > 1 week ago | Report Abuse

mantap!.. kasi breakout dan terus ke bulan!

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