The Board of Jinhui Shipping and Transportation Limited (the 'Company') announces that two wholly-owned subsidiaries of the Company entered into two memorandums of agreement on22 December 2021 for the acquisition of two Supramaxes, each at a consideration ofUS$17,250,000 . The announcement is also available on the website of the Company at http://www.jinhuiship.com. For details, please see attachment on http://www.newsweb.no.
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