Brief: CSSC Hong Kong Shipping Announces Transactions In Relation To Proposed Acquisition Of Vessels

CSSC (Hong Kong) Shipping Co

22/11/2019 14:03

Nov 22 (Reuters) - CSSC Hong Kong Shipping Co Ltd  3877.HK :
    * CSSC HONG KONG SHIPPING-BOARD APPROVES FORTUNE VGAS
SHIPPING I
MAY ENTER NOVATION AGREEMENT I
    * CSSC HONG KONG SHIPPING CO LTD - BOARD APPROVED FORTUNE
VGAS
SHIPPING II, III & IV MAY ENTER NOVATION AGREEMENT II, III & IV
    * CSSC HONG KONG SHIPPING - BOARD APPROVED FORTUNE VGAS
SHIPPING
I, II, III AND IV MAY ENTER INTO BAREBOAT CHARTERS
    * CSSC HONG KONG SHIPPING -  NOVATION AGREEMENT I FOR RIGHTS
AND
OBLIGATIONS OF WIDESHINE MARITIME LIMITED  TO BE TRANSFERRED TO
UNIT FOR $74.8 MILLION
    * CSSC HONG KONG SHIPPING - NOVATION AGREEMENT II, III & IV
TO
TRANSFER RIGHTS AND OBLIGATIONS OF SINOGAS MARITIME TO UNITS FOR
ABOUT US$222 MILLION
    * CSSC HONG KONG SHIPPING CO LTD - BAREBOAT CHARTERS FOR
UNITS TO 
LEASE VESSELS TO CHARTERERS FOR  US$376.7 MILLION

Source text http://bit.ly/2QFD7np
Further company coverage:  3877.HK 

 ((Reuters.Briefs@thomsonreuters.com;))