Brief: Ningbo Zhoushan Port Plans Acquisition To Indirectly Own Stake In Container Terminal Firm

Blue River Holdings

16/12/2019 08:01

Dec 16 (Reuters) - Ningbo Zhoushan Port Co Ltd  601018.SS :
    * SAYS UNIT PLANS TO BUY PAUL Y. CORPORATION LIMITED FOR 286
MILLION YUAN FROM PYI CORPORATION LIMITED
    * SAYS IT WILL INDIRECTLY OWN 40% STAKE IN JIANGYIN SUNAN
INTERNATIONAL CONTAINER TERMINAL CO LTD AFTER THE TRANSACTION

Source text in Chinese: https://bit.ly/2Po3Ow2
Further company coverage:  601018.SS  0498.HK 

 (Reporting by Hong Kong newsroom)
 ((twinnie.siu@thomsonreuters.com; 852-2841 5763;))