Brief: Jinhui Shipping and Transportation announces disposal of vessel

Jinhui Shipping and Transportation

05/04/2017 10:12

April 5 (Reuters) - JINHUI SHIPPING AND TRANSPORTATION LTD  JINS.OL  
    * AGREEMENTS SIGNED - DISPOSAL OF A VESSEL 
    * A WHOLLY-OWNED SUBSIDIARY OF COMPANY ENTERED INTO A MEMORANDUM OF AGREEMENT ON 5 APRIL 
2017 FOR DISPOSAL OF A HANDYSIZE AT A CONSIDERATION OF US$15,000,000 
    * DIRECTORS BELIEVE THAT DISPOSAL WILL NOT HAVE ANY MATERIAL ADVERSE EFFECT ON OPERATIONS OF 
GROUP. 
 
Source text for Eikon:  ID:nObih9FvQa  
Further company coverage:  JINS.OL  
 
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