COSCO Pacific Bought 20% Stake in Suez Canal Terminal

COSCO Pacific Limited (SEHK: 1199), a world leading company dealing in container leasing, announced on November 7, 2007 that it had finished purchasing a 20% stake in Suez Canal Container Terminal S.A.E. from Egyptian International Container Terminal, a subsidiary of Denmark’s A.P. Moller-Maersk Group.