PT INTL DEV (00372): Guangxi Leading International Logistics Plans to Invest RMB282 Million for 31.97% Diluted Stake in Guangming

Stock News

11/11

PT INTL DEV (00372) announced that on November 11, 2025, its non-wholly owned subsidiary in China, Guangxi Guangming Terminal & Storage Co., Ltd. (Guangming), entered into a non-binding memorandum of understanding with state-owned Guangxi Leading International Logistics Co., Ltd. (the potential subscriber). The agreement outlines the potential subscriber's intention to subscribe for a 31.97% diluted equity stake in Guangming through a provisional capital injection of RMB282 million. The net proceeds from the potential subscription will be used to repay outstanding debts.

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