The Service of the Commission for the Protection of Competition received on behalf of the ChinaShippingTerminalDevelopment (HongKong) CompanyLtda notification of a proposed concentration according to Section 13 of the Control of Concentrations between Enterprises Law (Number 22(I)/99), concerning the acquisition ofa percentage of the share capital of APM Terminals Zeebrugge NV from APMTerminalsBV.
ChinaShippingTerminalDevelopment (HongKong) CompanyLtdis registered in accordancewith theprovisions of the laws of theHong Kong.It is a subsidiary company of the China Shipping (Group) Company. The China Shipping (Group) Company is registered under the laws of the People’s Republic of China and the sole shareholder is the People’s Republic of China. The Group is controlled by the “AssetSupervisionandAdministrationCommissionofStateCouncil”, a governmental committee that manages the assets of the Chinese state. Through its subsidiariesandassociated companies China Shippingis active in thehandlingof tankers, containersand passengerships.Furthermore, theChina Shippingis active in themanagementof shipsand terminals,investment financing, engineering, human resources andinformationtechnologytransaction.APM Terminals Zeebrugge NVis registered in accordancewith theprovisions of the laws of the Kingdom of Belgium. The Companyis a subsidiary of APM Terrminals BV and Shanghai international Post (Group) Company Ltd. The APM Terminals Zeebrugge NV manages the terminal at the port of Zeebruggewhich is adeep-seacontainer terminaland offerscontainer handlingandbreakbulk services.