PSA International’s investment in Lach Huyen Port Investment Joint Stock Company to jointly develop four deep-sea container berths in Vietnam
Allen & Gledhill, as transaction counsel, advised PSA International (“PSA”) on the acquisition of a 49% equity stake (“Acquisition”) in Lach Huyen Port Investment Joint Stock Company (“LHP”).
Following the Acquisition, PSA and Lach Huyen International Logistics & Industrial Park – Deepwater Port Joint Stock Company will be LHP’s major shareholders, and will jointly develop and operate four deep-sea container berths at Lach Huyen Port in Hai Phong City, North Vietnam.
Advising PSA was Allen & Gledhill (Vietnam) Managing Partner Oh Hsiu Hau and Partner Tran Thi Phuong Thao.