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Bursa Announcements

Date : 11 November 2019

OTHERS Westports Holdings Berhad ("the Company" or "Westports") - Vessel Incident

WESTPORTS HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
Westports Holdings Berhad ("the Company" or "Westports") - Vessel Incident

The Board of Directors ("Board") Westports would like to announce that there was an incident at its wholly-owned subsidiary, Westports Malaysia Sdn Bhd (WMSB), on 8 November 2019 whereby a berthing container vessel made contact with WMSBs two Ship-to-Shore cranes. As a safety measure, WMSB has closed two berths to assess the damages. 

 

The Company is ascertaining the contributing factors that gave rise to the incident. Both the container vessel concerned and WMSBs affected assets have insurance coverages. Westports would make an announcement when there are notable developments on this incident.

 

WMSB has a total of 20 container berths and 67 Ship-to-Shore cranes. The temporary berths closure is not expected to have a material impact on the overall container operations as terminal handling of containers at all other berths continue as usual. The incident is also not expected to have any material effect on the earnings of Westports.

 

This announcement is dated 11 November 2019.






Announcement Info

Company Name WESTPORTS HOLDINGS BERHAD
Stock Name WPRTS
Date Announced 11 Nov 2019
Category General Announcement for PLC
Reference Number GA1-11112019-00009


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