The Board of Jinhui Shipping and Transportation Limited (the 'Company') announces that a wholly-owned subsidiary of the Company entered into a memorandum of agreement on10 July 2020 for the acquisition of a Supramax at a purchase price ofUS$3,950,000 . 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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