CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Oct 10, 2025
2. SEC Identification Number
147212
3. BIR Tax Identification No.
000-323-228
4. Exact name of issuer as specified in its charter
INTERNATIONAL CONTAINER TERMINAL SERVICES, INC.
5. Province, country or other jurisdiction of incorporation
Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
ICTSI Administration Building, Manila International Container Terminal, South Access Road, ManilaPostal Code1012
8. Issuer's telephone number, including area code
+632 82454101
9. Former name or former address, if changed since last report
Not applicable
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common stock outstanding (current)
2,018,938,262
11. Indicate the item numbers reported herein
9
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
International Container Terminal Services, Inc.ICT
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
South African High Court Dismisses APM Terminals' Bid Challenge
Background/Description of the Disclosure
International Container Terminal Services, Inc. (“ICTSI”) reports that the High Court of South Africa, KwaZulu-Natal Local Division, Durban, has dismissed an application filed by APM Terminals BV (“APM”) challenging the award of a 25-year port terminal development contract at Durban Container Terminal 2 (DCT2) to ICTSI.
The court ruled that Transnet SOC Limited (“Transnet”) acted within its discretion and complied with the principles of fairness and transparency in awarding the contract. It further held that the solvency ratio was not the sole measure of financial qualification and that ICTSI’s financial strength was appropriately validated.
In addition, the court found that APM’s legal challenge was brought with undue delay, further justifying its dismissal.
ICTSI welcomes the court’s ruling and reaffirms its commitment to delivering long-term value and operational excellence at the Durban Container Terminal 2 (DCT2) in close partnership with Transnet. The Company will provide further updates to the Exchange regarding next steps as soon as it receives formal guidance from Transnet on the way forward.