BRIEF-Chu Kong Shipping Enterprises Says Unit To Acquire 51% Stake Of Kaiping Freight Co

Reuters

2024/09/16

Sept 16 (Reuters) - Chu Kong Shipping Enterprises Group Co Ltd :

* EXPROPRIATION OF LANDS AT SANBU PORT AND INVESTMENT IN CONSTRUCTION OF SANBU NEW PORT

* UNIT PARTICIPATED IN PUBLIC TENDERING OF CAPITAL INCREASE PROJECT OF KAIPING FREIGHT COMPANY IN CHINA AND WON BID

* UNIT SHALL ACQUIRE 51% OF STAKE OF KAIPING FREIGHT CO FOR RMB114.5 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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