Modern Terminals Limited (Modern Terminals or MTL), is the second largest container terminal operator in Hong Kong, just after Hongkong International Terminals Limited. It operates terminal 1, 2, 5 and 9 (South) in Kwai Tsing Container Terminals in Hong Kong, and also sets up joint-venture in container terminals in Shenzhen, Guangdong and Taicang, Jiangsu in Mainland China.
In 1990s, the major shareholder were the Wharf (Holdings), China Merchants Holdings (International), Swire Pacific.
Swire Pacific sold all the shares of MTL to the Wharf (Holdings) and China Merchants Holdings (International) in 2003. It is now the subsidiary of Wharf (Holdings) and its shareholders are Wharf (Holdings), China Merchants Holdings (International) and Jebsen Securities.
Famous quotes containing the words modern and/or limited:
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Jack: Your brother’s an old-fashioned man, he believes in a sister’s honor. Me, I’m Modern Man, the 20th-century type. I run.”
—Robert Rossen (1908–1966)
“We must believe that He permits it [this war] for some wise purpose of his own, mysterious and unknown to us; and though with our limited understandings we may not be able to comprehend it, yet we cannot but believe, that he who made the world still governs it.”
—Abraham Lincoln (1809–1865)