Biyernes, Abril 17, 2015


International Container Terminal Services , Inc.  annual stockholders held......

Just recently that I have developed a habit attending annual stockholders meeting of various company's in the Philippines primarily because of over  flowing coffee, tea  and Juices ( Pine apple, apple, mango ,orange).

 To be true it also bring me to a different places of events venue which is extra ordinary. Some of this places  are only a place to be dream off ,beautifully design and exceptionally done architecturally.

This new acquired habit of mine, introduces me to some one in the who's who , respected , accomplished  personality in the corporate world  .

In the recently , concluded annual stockholders meeting of International Container Terminal Services , Inc., presided by no less than its Chairman  Sr. Enrique Razon held at Solaire Resort and Casino proved a new adventure again for me. 

Lounging in side , the Solaire Resort and Casino  newly opened ( Nov. 2014) , Sky Tower ( all suites  room only) , lounge area bewildered me with a feeling like " send in the clouds". With grand piano playing its all round organ with a jazzy tune " send in the clouds", and the greatest hits of all time repertoire ,made my life to a new heights of endless discovery in the rapidly urbanites landscape of the new Manila Reclaimed Bay.

The Sky Tower , reception area is truly magnificent. Its emblem is, its ultra grand high ceiling pyramidal dome, made of clear glass clasped with an all white steel balustrade .The dome, picture the passing rolling cotton clouds and turquoise sky , all on its natural beauty and sun light. 

The ambiance is perfect. The piano music accompaniment is just a back drop from the artificial cascading music by running water falls . Aged ferns ,hydrangeas are every where. 

The center piece of the Sky Tower , reception lounge area is the grand piano elevated enough for its demeanor. Accented with ultra chic sits design from a minimalist ,yet exudes an elegant of cleanliness .It upholstered with a virginal white Belgian leather with a black edge wood lining . 

Every walls on along the lobby, is decorated with large frame murals on canvass of oil paintings .

Much more  alluring , when one would decides to feel and grasp the 360 degrees ambiance of the place , one would love to book  for a night  stay in the sky tower suites with "gusto".

Imagine sun bathing your self under the summer sky  ,or sub merge your self in the  bluish refreshing water of the   swimming pool by the bay , just beside the Manila Sea break water . Or just lounging by the pool sits with your couture origami abaca hats source from Bicol, with your "buko juice" on the side.This one of a life time escapade is worth a million experience ,if you spend it with Solaire Resort & Casino.

Bring back, to my sensibilities and the mean reason that brought me to the enigmatic place is the annual stockholders meeting of International Container Terminal Services , Inc.,

Today's meeting ,that the following newly board of directors is nominated and voted with out question .They are , Mr. Jon Ramon Aboitiz, Mr. Octavio Victor R. Espiritu(independent), Mr. Joseph R. Higdon (independent), Jose C. Ibazeta , Stephen A. Paradies, and Andres Soriano III. 




"The Chairman's report:"

The chairman is happy to report to its stakeholders  of ICTSI ,International Container Terminal Services , Inc.,  for the 24 percent increase of Revenue benchmarking US$1.1 Billion for 2014 compared to last year of US$ 852.1 million,2013. 

This is partly due to the 45 percent growth from the service consolidation in China .


"2014  Highlights:"

The global presence of the ICTSI , added to its portfolio a newest state of the art terminal in port of Manzanillo ,Mexico to be managed by Contecon,  joint venture project  river port development  in DR.Congo,port in Matadi ,Democratic Republic of Congo , Nigeria, Africa's ICTSI foot print via Lekki international container terminal 25 percent of which is signed and agreed to sell to CMA., Middle East via (GCPI), General Company for Ports of Iraq ,project portfolio is a full integrated terminal services from operation, development, expansion of general cargo ,and container facilities af the Port of Umm Qasr.,

To add more to ICTSI, global domination it managed to sealed a contract the first in Oceania Region via ( VICT) Victoria International Container Terminal thru Port of Melbourne for the development of , management , operation  of the Terminal Empty Container Park in Webb Dock East  to operation by 2017.

ICSI is actively on the process of looking a new partner in India, since its termination of contract in Larsen & Toubro for the Kattupalli Container Terminal in Terminal in Tamil , Nadu India.


"Group Volumes:"

The , chairman reported that of seven operations in Manila, Brazil, Poland, Madagascar, China , Ecuador and Pakistan accounted for 70 percent of the groups consolidated volume.  

Hence , the ICTSI group consolidated volume of 7,438,635  TEU's , 18 percent of which ,more than 6,309,840 TEU's from 2013.
 
The increase is mainly due to volumes generated by new operations in Mexico, Honduras, port consolidation in China and a 20 percent volume growth in Poland.


"Citations:"
The ICTSI ,awarded the " corporate excellence award "by ASEAN business advisory council, "icon of corporate governance " by  Corporate Governance Asia -Hongkong,  "port project sponsor award" from World Finance -UK, "Asian all stars", by Nikkei Asian Review -Japan, "elite company in Asia"by the Asset -Hongkong .


"Moving Forward":

The company remains to be steadfast , innovate and value the culture of biodiversity in dealing with global business and would be very happy to be entrusted and moral supports of its stake holders.



Henry Estipona
Philippines

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