On the Miaouli Coast of Piraeus they find it almost certain that geostrategic doctrine Trump It will affect the European ports, probably of Piraeus, which is a first gateway to Chinese trade in the EU.
The months ago on the Panama Canal on the initiative of Trump are considered precursors to those who will follow in vital points for US interests, and PPA has been designated by officials of the new Washington “Nail in Mati”, USA. The issue of geostrategic developments had been discussed in early March between the Bureau of the Piraeus Chamber of Commerce and the Ambassador of Israel to Greece, Noam Kat. It was then, on the part of EBEP President Vassilis Korkidis, a thorough discussion on geostrategic rearrangements, on the new strategic priorities posed by Donald Trump and the role of European ports in the new era, as well as the influence of the Chinese. Indeed, the (public) discussion had also rotated around developments in the ports of Volos, Thessaloniki, Kavala and Alexandroupolis, a … ports of port organizations that for obvious reasons are of interest to the interests of the US and Israel, India.
It is known on the Miaouli Coast, in the port of Piraeus the backdrop around COSCO’s intention to integrate Pier I, managed by PPA/COSCO with pier II and III, managed by the Chinese PCT. Interesting detail, according to the concession, there is a commitment for healthy competition, the two administrative schemes operating with a different management authority.
Talk of the Town that the government is raising the integration of common management, as well as in the relationships between the two organizations there are problems. Equally interesting (detail) that the pier I serve the MSc ships, in the interests of Gianluji Term. Who is the Italian -Jewish tycoon? The main shareholder of the MSc who through a consortium took the two ports to Panama.
In practice, the MSc plays an active role in the new geostrategic chess, while as prior to the Chinese in PPA, it is able to know, from the inside, situations and balances, obviously and shareholders.
And in this (the shareholder) as PPA listed to the ATHEX, what is going on in the background may “fasten” with those shareholders in the brokerage board for weeks.
PO Unknown Methodical Buyer and Blocking Minority
What about the reasonable question of why could a powerful player gather PPA shares, as reflected in the weeks rise of the share price? The Supreme Court is entitled to appoint a member of the 9 -member Board of Directors and a non -executive to the Audit Committee, while at the same time reserving the right to be neglected on certain important matters.
The composition of the Board of Directors 6 Chinese and 3 Greeks- Dimitris Politis/from the Fund, Yiannis Moralis/Mayor of Piraeus and Nikos Arvanitis. It should be noted that Dimitris Politis (ex HRIP) has been a consultant on investment issues by Kyriakos Mitsotakis/ with the Prime Minister in his targeted interview with Breitbart to report to the Breitbart to report to
India – Middle East – Europe Corridor
In practice, one picks up PPA through the market that they are not in control of the main shareholder – that is, Cosco – and HRIP.
The Chinese group controls 67% of the share capital, and the Fund has 7.14% of MK so 25.86% is a free float on the market.
It is noted that, on March 5, 2014, HRIPED announced an international competition for the sale of 67% of the MK, on April 8, 2014, the stock contract was signed (in two phases 51% and 16%). At a cost of 368.5 million, Cosco has acquired a base of its products in Europe in a port that is now the first in the Mediterranean and a fourth in Europe (in container/teus terms).
Consequently, if the powerful player manages and collects a large proportion of the free dispersion then the optimal possibility, ie 25.86% along with 7.14% of the fund, is building a minority position.
What it means for a shareholder to have the constitutional minority, having what in international terminology is called blocking minority is understandable. Now if and whether this could be related to the wider ge-political developments, the Trump doctrine will be seen later.