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chu kong ship (00560.HK): Zhujiang Inland River will acquire 51% equity of Kaiping Freight Company by way of capital increase and shareholding at 0.114 billion yuan.
On September 16th, Chu Kong Ship (00560.HK) announced that Guangdong Sanbu Port Passenger and Freight Transport Joint Venture Co., Ltd. (Sanbu Port Passenger and Freight Transport, Chu Kong Inland River Freight Terminal Co., Ltd. (Chu Kong Inland River, a non-wholly-owned subsidiary of the company) holds 40% equity of the joint venture company) is now operating and managing an inland river terminal in Kaiping City, China. Due to the Jiangmen City Government's promotion of the development plan for the construction of Kaiping City, Sanbu Port will be expropriated by the Jiangmen City Government for the terminal land and buildings on the land. After completing the expropriation procedures, Sanbu Port Passenger and Freight Transport will be liquidated. The Jiangmen Municipal Government aims to accelerate the development of surrounding industrial parks.
Express News | Chu Kong Shipping Enterprises- Unit Participated in Public Tendering of Capital Increase Project of Kaiping Freight Company in China and Won Bid
Express News | Chu Kong Shipping Enterprises- Expropriation of Lands at Sanbu Port and Investment IN Construction of Sanbu New Port
CHU KONG SHIP: 2024 INTERIM REPORT
Three Days Left To Buy Chu Kong Shipping Enterprises (Group) Company Limited (HKG:560) Before The Ex-Dividend Date
CHU KONG SHIP: ANNOUNCEMENT OF INTERIM RESULTS FOR 2024
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