According to Zhitong Finance App, COSCO SHIPPING Port (01199.HK) announced that the company's wholly-owned subsidiary Shanghai COSCO SHIPPING Port Investment Co., Ltd. together with Guanxing Investment Co., Ltd. and Wanbang Qingdao Port Investment Co., Ltd. intend to bundle and sell 70% of the shares of Qingdao Port Dongjiakou Ore Terminal Co., Ltd. through the Beijing Property Exchange, including 25% of Shanghai COSCO SHIPPING Port's shares in the target company. The total minimum bid price for 70% of the shares involved in the potential sale was approximately RMB 1,918 million, of which approximately RMB 685 million was owned by COSCO SHIPPING Port in Shanghai.
Zhitongcaijing · 1d ago
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According to Zhitong Finance App, COSCO SHIPPING Port (01199.HK) announced that the company's wholly-owned subsidiary Shanghai COSCO SHIPPING Port Investment Co., Ltd. together with Guanxing Investment Co., Ltd. and Wanbang Qingdao Port Investment Co., Ltd. intend to bundle and sell 70% of the shares of Qingdao Port Dongjiakou Ore Terminal Co., Ltd. through the Beijing Property Exchange, including 25% of Shanghai COSCO SHIPPING Port's shares in the target company. The total minimum bid price for 70% of the shares involved in the potential sale was approximately RMB 1,918 million, of which approximately RMB 685 million was owned by COSCO SHIPPING Port in Shanghai.
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