Asian Terminals, Inc. (ATI), formerly known as Marina Port Services, Inc., was incorporated on July 9, 1986 to provide general services with respect to the operation and management of port terminals in the Philippines. In August 1990, a consortium of local and foreign companies acquired all the issued and outstanding capital stock of ATI. ATI manages and operates the South Harbor pursuant to a contract for cargo handling and related services granted by the Philippine Ports Authority (PPA) effective until May 2038. The services offered by the company at the South Harbor include container terminal handling, arrastre, stevedoring, storage, cranage, domestic cargo handling and passenger terminal operations, international container freight station and equipment services. The company is also currently operating MGT, a bulk grains terminal, on behalf of Mariveles Grain Corporation, a wholly owned subsidiary of ATI. MGT offers unloading, conveying, storage, outloading weighing, bagging and sampling services, and also handles bulk cargo like wheat, soya bean meal, corn and soybeans. ATI's other subsidiaries include Inland Clearance Depot, ATI Batangas, Inc., the Batangas Supply Base, and South Cotabato Integrated Port Services, Inc. Source: SEC Form 17-A (2008)