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ASIA ENERGY LOG (00351.HK) sold a total of 13.616 million shares of Haotian for 9.434 million Hong Kong dollars.
On January 2, Gelonghui reported that ASIA ENERGY LOG (00351.HK) announced that from September 27, 2024, to December 31, 2024, through a series of Trades, the company's wholly-owned subsidiary, Tianfu, will sell a total of 13.616 million Haotian shares in the open market, with a total price of approximately 9.434 million Hong Kong dollars (excluding stamp duty and related expenses).
Express News | Asia Energy Logistics - Expected to Recognise Unaudited Loss of HK$4.7 Mln on Disposal
Express News | Asia Energy Logistics Group Ltd - Unit Disposed 13.6 Mln Hao Tian Shares for HK$9.4 Mln
Major bank rating | JPMorgan: Industry forecasts show that future shipping demand will slow down in the coming months, lowering Orient Overseas target price to HK$166.
According to the industry forecast, the demand is expected to slow down in the coming months, but it is anticipated that freight rates in the fourth quarter will not have a significant adjustment. Looking ahead to 2025, the industry's supply and demand imbalance situation may improve.
Asia Energy Log (00351.HK) has appointed Wang Jizhuo as an executive director.
Asia Energy Logistics (00351.HK) announced that Wang Jizhuo has been appointed as an executive director, effective from September 13, 2024.
Express News | Asia Energy Logistics - Wang Jizhuo Appointed as an Executive Director