And therein lies the irony. They were a billion dollar business that liquidated their operations...yet, they are still operating and evidently growing the IT side of the markets / business they were in.
So Seaco was formed as a holding company for the purpose of distributing the proceeds of the Sea Containers Ltd. liquidation. As this process moves forward, sounds like there are two considerations:
1. the outcome of the proxy vote will determine what remains within the holding company and
2. separate from the liquidation of Sea Containers Ltd., the current entity is developing an IT infrastructure for the shipping container industry that will run off of Amazon Web Service.
Now I'm all confused. Why is this trading just off the trips?