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651 — China Ocean Industry News Story

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Brief: China Ocean Industry says unit entered capital contribution agreement

Aug 8 (Reuters) - China Ocean Industry Group Ltd  0651.HK : 
 * Chi ocean ind-voluntary announcement deemed disposal of equity interest in a 
subsidiary 
 * Merge, a wholly-owned subsidiary of the company, entered into the capital 
contribution agreement 
 * Agreement with Shenzhen Ruilong, Shenzhen Fuyun and Rainbow 
 * Deal in relation to, among other matters, the capital contribution. 
 * Parties agreed to increase registered capital of CHINA OCEAN logistics from 
RMB50 million to RMB100 million by injecting an aggregate of RMB50 million in cash 
 
  Source text for Eikon  ID:nHKS4XgkSk  
 
((Further company coverage:  0651.HK )) 
((Bangalore.newsroom@thomsonreuters.com))

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