[ET Net News Agency, 16 July 2018] China Ocean Fishing (08047) said it had agreed to
construct 30 fishing vessels at HK$5.53 million for each new vessel, with an aggregate
consideration of HK$166 million. It is currently expected that delivery will take place in
six months' time
The transaction allows the group to be well equipped with fishing vessels to embark on
the marine fishing business, which could bring a new income stream to the group. (SC)