Courage Investment Group Announces Agreement to Acquire Mining Trucks from Jinhe Feng Mining

Reuters

2025/10/06

Courage Investment Group Announces Agreement to Acquire Mining Trucks from Jinhe Feng Mining

Courage Investment Group Limited has announced that its indirect wholly-owned subsidiary entered into a purchase agreement on 6 October 2025 for the acquisition of mining trucks. The transaction forms part of the company's strategy to diversify its business operations beyond marine logistics and transportation into mining logistics. The company stated that the acquisition is expected to expand its revenue sources amid ongoing volatility and uncertainty in the global bulk shipping market due to trade tensions and geopolitical conflicts. The board considers the terms of the purchase agreement to be fair and reasonable and views the transaction as being in the interests of the company and its shareholders. Completion of the acquisition is subject to the terms and conditions of the agreement.

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. Courage Investment Group Limited published the original content used to generate this news brief on October 06, 2025, and is solely responsible for the information contained therein.

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