COSCO SHIPPING International Singapore : The Disposal Of 52,598,463 Ordinary Shares Representing 60% Of The Issued And Paid-Up Share Capital Of COSCO Shipping Bulk (Southeast Asia) Pte. Ltd. (Formerly Known As COSCO Shipping (Singapore) Pte. Ltd.) (The "Partial Disposal") To An Interested Person, And The Entry Into Of A Shareholders' Agreement With The Purchaser On Completion Of The Partial Disposal As An Interested Person Transaction (The Partial Disposal And The Entry Into Of The Shareholders' Agreement C
March 18, 2022 at 05:51 am EDT
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The Disposal Of 52,598,463 Ordinary Shares Representing 60% Of The Issued And Paid-Up Share Capital Of COSCO Shipping Bulk (Southeast Asia) Pte. Ltd. (Formerly Known As COSCO Shipping (Singapore) Pte. Ltd.) (The "Partial Disposal") To An Interested Person, And The Entry Into Of A Shareholders' Agreement With The Purchaser On Completion Of The Partial Disposal As An Interested Person Transaction (The Partial Disposal And The Entry Into Of The Shareholders' Agreement Collectively, The "Transaction")
BackMar 18, 2022
Announcement Title
Asset Acquisitions and Disposals
Date & Time of Broadcast
Mar 18, 2022 17:38
Status
New
Announcement Sub Title
COMPLETION OF DISPOSAL OF 60% OF SHARE CAPITAL OF COSCO SHIPPING BULK (SOUTHEAST ASIA) PTE. LTD.
Announcement Reference
SG220318OTHR8M4Q
Submitted By (Co./ Ind. Name)
Zhu Jian Dong
Designation
Chairman and President
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.
Attachments
Attachment 1 (Size: 103,933 bytes)
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Disclaimer
Cosco Shipping International (Singapore) Co. Ltd. published this content on 18 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 09:50:01 UTC.
COSCO SHIPPING International (Singapore) Co., Ltd. is a Singapore-based investment holding company. The Company is an integrated logistics service provider in South Asia and Southeast Asia. The Company is engaged in dry bulk shipping, ship repair and marine engineering, as well as property management. Its segments include shipping; ship repair, and marine engineering activities; logistics, and property management. The Company's business segments operate in two main geographical areas: Singapore, which includes the operations in shipping, ship repair and marine engineering related activities, logistics, property management, and Malaysia, which includes the operations in logistics activities. The Company, through its subsidiary, Cogent Holdings Pte. Ltd., manages and operate approximately 3.5 million square feet of covered and open storage spaces located in the logistics hub districts in Singapore.
COSCO SHIPPING International Singapore : The Disposal Of 52,598,463 Ordinary Shares Representing 60% Of The Issued And Paid-Up Share Capital Of COSCO Shipping Bulk (Southeast Asia) Pte. Ltd. (Formerly Known As COSCO Shipping (Singapore) Pte. Ltd.) (The "Partial Disposal") To An Interested Person, And The Entry Into Of A Shareholders' Agreement With The Purchaser On Completion Of The Partial Disposal As An Interested Person Transaction (The Partial Disposal And The Entry Into Of The Shareholders' Agreement C
COSCO SHIPPING INTERNATIONAL (SINGAPORE) CO., LTD. 