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    517 — Cosco Shipping International (Hongkong) News Story

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    Brief: Cosco Shipping International (Hongkong) Co Ltd Says Co Entered Into Investment & Cooperation Agreement With Cosco Shipping Technology

    Picture of Cosco Shipping International (Hongkong) logoCosco Shipping International (Hongkong)
    03/02/2023 12:02
    Feb 3 (Reuters) - Cosco Shipping International
(Hongkong) Co Ltd  0517.HK :
    * CO ENTERED INTO INVESTMENT AND COOPERATION AGREEMENT WITH
COSCO
SHIPPING TECHNOLOGY
    * DEAL FOR  FORMATION OF JOINT VENTURE
    * JV TO BE SHIPPING SERVICES ENTERPRISE PROVIDING GREEN,
LOW-CARBON SOLUTIONS
    * REGISTERED CAPITAL OF JOINT VENTURE SHALL BE RMB50 MILLION
    * CO AND COSCO SHIPPING TECHNOLOGY SHALL CONTRIBUTE RMB25.5
MILLION AND RMB24.5 MILLION TO JV RESPECTIVELY

Source text for Eikon:  ID:nHKS1Wlyct 
Further company coverage:  0517.HK 
 ((Reuters.Briefs@thomsonreuters.com;))

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