A SUBSIDIARY of Philippine container terminal operator International Container Terminal Services Inc. (ICTSI) has finally reached a settlement on the dispute with its lessor in the Georgian port of Batumi.
Arthur Tabuena, ICTSI treasury director and head of investor relations, said in a disclosure to the Philippine Stock Exchange (PSE) on Monday that differences between ICTSI subsidiary Batumi International Container Terminal LLC (BICT) and its lessor Batumi Sea Port Ltd. (BSP have been settled in an amicable manner.
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