Ocean Line Port Development Announces Property Vacation and Relocation Transaction
Reuters
Nov 25
Ocean Line Port Development Announces Property Vacation and Relocation Transaction
Ocean Line Port Development Ltd. announced that its indirect 72%-owned subsidiary, Chizhou Port Holdings, has entered into a compensation agreement related to the vacation, demolition, and relocation of certain properties. Under the agreement, Chizhou Port Holdings will receive compensation of approximately RMB18.54 million for the affected assets.
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