Sinotrans (SHA:601598, HKG:0598), through its subsidiary China Merchants Shipping Enterprise, has agreed to sell a 25% stake in Loscam International Holdings to MIC Industrial Investments 4 RSC for $472.2 million, according to a Shanghai Stock Exchange filing on Friday.
Founded in 2010 and based in the British Virgin Islands, Loscam provides circular sharing services for logistics packaging equipment, mainly wooden pallets.
Following the stake sale, Sinotrans will retain a 20% stake in Loscam, while MIC will hold a 30% equity interest.
Sinotrans expects the transaction to optimize its asset structure and release the potential value of its equity assets.
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。