Sulja Bros. Building Supplies, Ltd (SLJB)

[grandreal]

Just got an email From NewsMax.com
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3. Dubai Ports World Eyes Canadian Venture

Dubai Ports World is back in the news, six months after it scrapped plans to buy six port facilities in the U.S. This time their target is almost as close to home — Canada.

Canadian Senator Wilfred Moore recently visited Dubai and held two meetings with company executives, who expressed interest in investing in Halifax, Nova Scotia, Canada’s third-largest port after Vancouver and Montreal.

“They mentioned that they would like to come to Halifax,” Moore told the Globe and Mail in Canada.

One obvious means of entering Halifax would be by taking over Halifax-based Halterm Income Fund, which operates one of two container terminals in the harbor, according to the Globe and Mail.

In February, Dubai Ports World — which is owned by the government of the United Arab Emirates — agreed to buy London-based port operator Peninsular and Oriental Steam Navigation Co., but troubles arose because P&O owned operations in six U.S. ports.

U.S. officials opposed the foreign company owning American port operations due to security concerns, and Dubai Ports closed the P&O deal only after it agreed to divest the American operations.
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Any wounder that Sulja Bros is in canada?