COSCO Shipping International (Singapore) Spends SG$2 Million More on Logistics Infrastructure

MT Newswires

10/15

COSCO Shipping International (Singapore) (SGX:F83) has further used SG$1.9 million from its rights issue proceeds to partially fund the construction or acquisition of logistics infrastructure and investment opportunities, according to a Wednesday filing with the Singapore Exchange.

Following the allocation, the remaining balance of proceeds stands at SG$116.5 million.

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