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Sinotrans Forms Joint Venture for Logistics Expansion
Express News | Sinotrans Ltd - Jv for Purpose of Constructing China Merchants Zhanjiang Chemicals Logistics Hub Project
Express News | Sinotrans Ltd - Sinotrans Chemical, Others, to Form Jv With Registered Capital of RMB207.2 Mln
Sinotrans Unveils Board Structure and Strategic Roles
Sinotrans Limited (601598.SH): A holding subsidiary plans to jointly invest with related parties to establish a joint venture and purchase assets.
On December 23, Gelonghui reported that Sinotrans Limited (601598.SH) announced that its subsidiary, Sinotrans Chemical International Logistics Co., Ltd. (referred to as: Sinotrans Chemicals), along with Sinotrans South China Co., Ltd. (referred to as: Sinotrans South China), plans to jointly invest with an affiliated party, Zhanjiang Port (Group) Co., Ltd. (referred to as: Zhanjiang Port Group), to establish "Zhanjiang Sinotrans Chemical International Logistics Co., Ltd." (tentative name, with the specific name subject to final approval by the market supervision administration, referred to as: Sinotrans Chemicals Zhanjiang or the joint venture), to build the China Merchants Zhanjiang Chemicals Logistics Hub project. Sinotrans Chemicals and Sinotrans South China.
On December 20, Sinotrans Limited (00598.HK) spent 16.51 million Hong Kong dollars to repurchase 3.144 million shares.
On December 20, Great Wall Securities announced that Sinotrans Limited (00598.HK) spent HKD 16.51 million to repurchase 3.144 million shares.
What Is Sinotrans Limited's (HKG:598) Share Price Doing?
