PSAs $60m for Kandla

PSA will issue preference shares to raise $60m to invest in ABG Kandla Container Terminal Ltd. These will be convertible into equity shares after October 2011, but will not exceed 49% of paid-up equity share capital.

PSA will issue preference shares to raise $60m to invest in ABG Kandla Container Terminal Ltd. These will be convertible into equity shares after October 2011, but will not exceed 49% of paid-up equity share capital.