Brief: Cosco Corporation (Singapore)says China Cosco Shipping Corporation Group will be restructuring its shipyard businesses

COSCO Shipping International (SINGAPORE)

20/12/2016 09:32

Dec 20 (Reuters) - Cosco Corporation (Singapore) Limited  
 COSC.SI - 
    * Information Received From China Cosco Shipping Corporation 
Ltd 
    * China Cosco Shipping Corporation Group will be 
restructuring its shipyard businesses 
    * It is not able to ascertain if proposed restructuring will 
materially impact co's securities  
    * Cosco Shipping Heavy Industry Co, a unit of China Cosco 
Shipping Corporation Ltd has been established 
    * Co will make request to singapore exchange securities 
trading to transform trading halt  into a trading suspension 
 
Source text for Eikon:  ID:nSNZkbYtj  
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