Macau International Airport Company Limited or CAM is interested in acquiring ADA – Administration of Airports Limited, which provides management and operational services at the airport.
According to sources quoted by Rádio Macau, CAM is already in talks with ADA’s two shareholders: China National Aviation Corporation and Aeroportos de Portugal (ANA).
However, CAM has yet to put forward a formal proposal, the radio reported.
Last month, CAM confirmed it would not renew the service contract with ADA. The contract will expire on September 11, 2011.
“The reform in the airport management structure is only a part of a wider reform [of the airport]”, the company said at the time in a press release, without adding further details.
|
| Other Macau Latest News |
|
| MGM is still waiting for Cotai approval, but Grant Bowie reiterates that it will go beyond just gaming |
|
| Wynn’s lawyers accuse the Japanese businessman of trying to find improper acts, which they say never happened |
|
| The gaming operator is again backing the Macau stage of the FIVB Volleyball World Grand Prix |
|
| Property experts say prices in Ilha Verde area could go up 10-fold |
| Headlines |
|
| The company’s president and CEO has had his contract extended until August next year |
|
| Gov’t authorisation is “just a formality”, English-language newspaper Business Daily reports |
|
| Less informal lending in Wenzhou may lead to VIP slowdown in Macau’s casinos, says Macquarie |
|
| The casino mogul dismisses rumours about connections between Tien Chiao and any government officials |
|
24°C ~ 30°C | Fri 
No Comments »
No comments yet.
Leave a comment
You must be logged in to post a comment.