Video
(VIDEO) Hutchison Port Holdings CEO Chris Gray Confirms Bid to Acquire The Shares of IDC LTD The parent company of GBPA LTD 12-13-07
Oct 6, 2009 - 7:03:03 PM


Freeport, Grand Bahama Island, December 13, 2007 - Hutchison Hutchison Port Holdings CEO Mr. Chris Gray clarifies as fact that the Hutchison group has put in a bid to acquire the shares of IDC LTD in the Cayman Islands, the parent company of Port Group LTD & Grand Bahama Port Authority LTD. Mr. Gray also expresses how, if they were able to proceed, the manner in which they would conduct the affairs of Freeport as he utilizes words such as transparency, no conflict and more Bahamian ownership and participation.

This excerpt from Mr. Gray's speech covers numerous topics that all those with a vested interest in Freeport Grand Bahama would want to hear. Of great interest is his plea to the parties concerned who are in dispute:"For the sake of the future well being and success of this island, please find a speedy resolution." To view this 8 minute segment, be sure and click the play button.

Mr. Gray's speech was delivered  December 13, 2007 at the  Freeport Container Port Phase V Grounding breaking Ceremony

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