China Merchants Port Holdings Announces Amendments to Equipment Modification Agreements

Reuters
06-19
China Merchants Port Holdings Announces Amendments to Equipment Modification Agreements

China Merchants Port Holdings Company Limited has announced an update regarding its Equipment Modification Agreements, specifically relating to terminal tractors. On June 19, 2025, the company's subsidiary, CICT, entered into an Addendum with Hoi Tung to enhance the operational capacity of terminal tractors by equipping them with increased capacity features. This modification aims to improve operational efficiency and support the ongoing electrification of port facilities. The board, including independent non-executive directors, considers the amended agreement to be on normal commercial terms and beneficial for the company and its shareholders. The announcement follows a previous disclosure made on September 27, 2024, regarding related equipment agreements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Merchants Port Holdings Co. Ltd. published the original content used to generate this news brief on June 19, 2025, and is solely responsible for the information contained therein.

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