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JKH acquires additional stake in SAGT
2/03/09
 
 
JKH ACQUIRES ADDITIONAL STAKE IN SAGT

International Finance Corporation (IFC) exercised their put option in respect of their 7.5% share of South Asia Gateway Terminals Limited ("SAGT"). John Keells Holdings PLC ("JKH") acquired its pro rata entitlement of 4.22% of the share capital of SAGT for a consideration of US$ 19.34 million. The balance was acquired by APM Terminals BV.
 
 
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