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By Alex Lennane
Li Ka-shing, Asia’s richest man, seems very busy at the moment, apparently reorganising his vast portfolio. Last Friday, his partly owned Westports Holdings, a terminal operator based in Malaysia’s Port Klang, launched its IPO to raise about $680m to distribute among shareholders. This article looks at how Westports attracts shipping lines, and asks how the new P3 alliance might affect this competitive part of the world.
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