Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal up3.990 +0.120 (+3.101%)

19/09/2019 09:02

COSCO SHIP Ports (01199) to sell terminal interests

[ET Net News Agency, 19 September 2019] COSCO SHIPPING Ports Limited (01199) said it
has agreed to sell the company's indirect interests in Nanjing Longtan Terminal, Yangzhou
Yuanyang Terminal and Zhangjiagang Terminal to Shanghai International Port Group (HK) Co.,
Limited at a consideration of RMB1.06 billion.
After completion, the company will cease to own any interest in any of the target
companies, Nanjing Longtan Terminal, Yangzhou Yuanyang Terminal and Zhangjiagang Terminal.
The transactions are in line with the company's strategic plan to divest assets in order
to achieve capital recycling, which will add momentum for the future development. (RC)

Remark: Real time quote last updated: 08/04/2020 13:48
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2020 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.