Brief: Cosco Shipping International updates on acquisition of CSHT Marine

Cosco Shipping International (Hongkong)

28/11/2016 14:43

Nov 28 (Reuters) - Cosco Shipping International Hong Kong Co 
Ltd  0517.HK : 
    * Company entered into share purchase agreement with cosco 
shipping financial and hoi tung 
    * acquisition of the entire issued share capital of csht 
marine  
    * Upon completion, csht marine will become a direct 
wholly-owned subsidiary of company 
    * aggregate of cosco shipping financial consideration and 
hoi tung consideration amounted to hk$118.4 million 
 
Source text for Eikon:  ID:nHKS7XStpt  
Further company coverage:  0517.HK  
 
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