Hutchison Port Holdings CEO Chris Gray Confirms their Bid to Acquire The Shares of IDC LTD The Paren

In this streaming video, 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.

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 at December 13, 2007 at Freeport Container Port Phase V Grounding breaking Ceremony

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