LC LOGISTIC-NEW (02490) Proposes to Sell One Vessel

Stock News
2025/12/30

LC LOGISTIC-NEW (02490) announced that on December 30, 2025, its subsidiary Lehang Boundless entered into a 2025 Framework Agreement with Blue Anchor. Under this agreement, Lehang Boundless is to novate all its rights and obligations under the 2024 Shipbuilding Agreement to Blue Anchor, which will pay a total consideration of $170 million, of which $68.64 million is payable to Lehang Boundless. Pursuant to the 2025 Framework Agreement, on the same day, Lehang Boundless, Blue Anchor, China Shipbuilding Trading Co., Ltd., and Jiangnan Shipyard entered into a 2025 Novation Agreement. Through this agreement, Blue Anchor will replace Lehang Boundless as the buyer under the 2024 Shipbuilding Agreement and will assume all rights and obligations of Lehang Boundless thereunder. The vessel to be sold is a large container ship with hull number H2872 and a capacity of 14,000 TEU, which is currently under construction as anticipated under the 2024 Shipbuilding Agreement and is the subject of both the 2025 Framework Agreement and the 2025 Novation Agreement. The Group is an integrated cross-border marine logistics service provider in China. After considering the costs incurred by the Group for the construction of the vessel and the sale consideration, the Company believes the proposed transactions under the 2025 Framework Agreement and the 2025 Novation Agreement present an excellent opportunity to realize the vessel's value ahead of schedule and are expected to generate approximately $20.10 million in net income. This revenue will supplement the Group's cash flow, further enhance its financial stability, and bring substantial financial benefits to the Group.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10