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On Top of Our Game 22
We Ensure Players Play by the Rules
Transport: Cruise Industry
Proposed Acquisition of acquisition on 10 October 2013. International Passenger Terminal
Singapore Cruise Centre Based on information furnished at Harbourfront Centre, Tanah
Dropped by the parties during the Phase Merah and Pasir Panjang ferry
In May 2014, airport and cruise 1 review, CCS was unable to terminals. If the acquisition
terminal services operators conclude that the proposed were completed, SATS would
acquisition would not raise gain primary hold of the cruise
SATS Airport Services Pte
Ltd and SATS-Creuers Cruise competition concerns, especially terminal services market in
Services (SCCS) Pte Ltd pulled in relation to Section 54 of the Singapore.
out of an agreement to purchase Competition Act, which prohibits
the Singapore Cruise Centre mergers that have resulted, The review proceeded to the
Pte Ltd (SCCPL) from Temasek or may be expected to result, Phase 2 review on 21 November
Holdings. Under an agreement in a substantial reduction of 2013 as a result of competition
reached in September 2013, competition within any market concerns, but closed in May 2014
SATS was slated to buy the in Singapore. following the announcement
SCCPL for $110 million, pending by the parties concerned to
regulatory approval. SCCS manages and operates terminate the sale-and-purchase
the Marina Bay Cruise Centre agreement.
CCS received a Notification Singapore while SCCPL
for Decision on the proposed manages and operates the
Case Team Members (From Left to Right): Justina Sim, Competition Analyst, Business & Economics; Tan Hi Lin, Deputy
Director and Principal Economist, Business & Economics; Nimisha Tailor, Deputy Director, Policy & Markets; Jaime Pang,
Legal Counsel, Legal & Enforcement; Candice Lee, Senior Assistant Director, Legal & Enforcement
We Ensure Players Play by the Rules
Transport: Cruise Industry
Proposed Acquisition of acquisition on 10 October 2013. International Passenger Terminal
Singapore Cruise Centre Based on information furnished at Harbourfront Centre, Tanah
Dropped by the parties during the Phase Merah and Pasir Panjang ferry
In May 2014, airport and cruise 1 review, CCS was unable to terminals. If the acquisition
terminal services operators conclude that the proposed were completed, SATS would
acquisition would not raise gain primary hold of the cruise
SATS Airport Services Pte
Ltd and SATS-Creuers Cruise competition concerns, especially terminal services market in
Services (SCCS) Pte Ltd pulled in relation to Section 54 of the Singapore.
out of an agreement to purchase Competition Act, which prohibits
the Singapore Cruise Centre mergers that have resulted, The review proceeded to the
Pte Ltd (SCCPL) from Temasek or may be expected to result, Phase 2 review on 21 November
Holdings. Under an agreement in a substantial reduction of 2013 as a result of competition
reached in September 2013, competition within any market concerns, but closed in May 2014
SATS was slated to buy the in Singapore. following the announcement
SCCPL for $110 million, pending by the parties concerned to
regulatory approval. SCCS manages and operates terminate the sale-and-purchase
the Marina Bay Cruise Centre agreement.
CCS received a Notification Singapore while SCCPL
for Decision on the proposed manages and operates the
Case Team Members (From Left to Right): Justina Sim, Competition Analyst, Business & Economics; Tan Hi Lin, Deputy
Director and Principal Economist, Business & Economics; Nimisha Tailor, Deputy Director, Policy & Markets; Jaime Pang,
Legal Counsel, Legal & Enforcement; Candice Lee, Senior Assistant Director, Legal & Enforcement
