T.S. Lines Limited disclosed that its direct wholly-owned subsidiary, Viscount Shipping Company Limited, has agreed to sell a container vessel to an undisclosed purchaser. Alongside the sale, a tripartite novation agreement was entered into between TS Singapore, Viscount Shipping, and the purchaser regarding the chartering of the vessel. Several directors, including Mr. Chen Teh-Sheng, Mr. Chen Shao-Hsiang, and Mrs. Chen Chuang Chuang-Li, abstained from voting on board resolutions concerning the agreements. Further details about the vessel and transaction counterparties were not provided in the announcement.
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. T.S. Lines Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260122-11998930), on January 22, 2026, and is solely responsible for the information contained therein.