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:
“A modern democracy is a tyranny whose borders are undefined; one discovers how far one can go only by traveling in a straight line until one is stopped.”
—Norman Mailer (b. 1923)
“Misfortunes leave wounds which bleed drop by drop even in sleep; thus little by little they train man by force and dispose him to wisdom in spite of himself. Man must learn to think of himself as a limited and dependent being; and only suffering teaches him this.”
—Simone Weil (1909–1943)