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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  COSCO SHIPPING Ports Limited    1199   BMG2442N1048

COSCO SHIPPING PORTS LIMITED

(1199)
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COSCO SHIPPING Ports : RESIGNATION OF NON-EXECUTIVE DIRECTOR

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03/13/2020 | 04:40am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Bermuda with limited liability)

(Stock Code: 1199)

ANNOUNCEMENT

RESIGNATION OF NON-EXECUTIVE DIRECTOR

The board of directors (the "Board") of COSCO SHIPPING Ports Limited (the "Company") announces that Mr. WANG Haimin has tendered his resignation as a Non-executive Director of the Company with effect from 13 March 2020 due to work commitments.

Mr. WANG has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to express its gratitude to Mr. WANG for his outstanding contributions to the Company during his tenure of office.

By Order of the Board

COSCO SHIPPING Ports Limited

FENG Boming

Chairman

Hong Kong, 13 March 2020

As at the date of this announcement and following the resignation of Director, the Board comprises Mr. FENG Boming1 (Chairman), Mr. ZHANG Dayu1 (Managing Director), Mr. DENG Huangjun1, Mr. ZHANG Wei2, Mr. CHEN Dong2, Dr. WONG Tin Yau, Kelvin1, Dr. FAN HSU Lai Tai, Rita3, Mr. Adrian David LI Man Kiu3, Mr. FAN Ergang3, Mr. LAM Yiu Kin3 and Prof. CHAN Ka Lok3.

  1. Executive Director
  2. Non-executiveDirector
  3. Independent Non-executive Director

Disclaimer

COSCO Shipping Ports Ltd. published this content on 13 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 March 2020 09:37:14 UTC

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Financials (USD)
Sales 2020 978 M - -
Net income 2020 275 M - -
Net Debt 2020 2 288 M - -
P/E ratio 2020 5,95x
Yield 2020 6,75%
Capitalization 1 717 M 1 717 M -
EV / Sales 2019
EV / Sales 2020 4,10x
Nbr of Employees 3 284
Free-Float 50,9%
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Technical analysis trends COSCO SHIPPING PORTS LIMIT
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TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 9
Average target price 0,83 $
Last Close Price 0,54 $
Spread / Highest target 97,2%
Spread / Average Target 52,1%
Spread / Lowest Target -4,25%
EPS Revisions
Managers
NameTitle
Bo Ming Feng Chairman
Tin Yau Wong Executive Director & Deputy Managing Director
Lai Tai Fan Hsu Independent Non-Executive Director
Man Kiu Li Independent Non-Executive Director
Yiu Kin Lam Independent Non-Executive Director
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