Guangxi Linghang Plans RMB282 Million Minority Stake Investment in PT International’s Guangming Subsidiary
Reuters
Nov 20, 2025
Guangxi Linghang Plans RMB282 Million Minority Stake Investment in PT International's Guangming Subsidiary
PT International Development Corporation Limited announced that its non-wholly owned subsidiary, Guangxi Guangming Warehouse Storage Limited, has entered into a non-legally binding memorandum of understanding with Guangxi Linghang International Logistics Company Limited, a subsidiary of a state-owned enterprise. The agreement concerns a potential subscription, whereby Guangxi Linghang may acquire a 31.97% equity interest in Guangming through a capital injection of approximately RMB 282 million. If completed, the proceeds from this minority investment will be used to support Guangming's business operations and development.
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