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Returns Are Gaining Momentum At COSCO SHIPPING Specialized CarriersLtd (SHSE:600428)
COSCO Shipping Specialized Carriers to Build Four Ships for $98 Million
Express News | COSCO Shipping Specialized Carriers Says Hong Kong Unit Plans to Invest About $98 Mln to Build 4 Liquid CARGO Ships
Cosco Shipping Specialized Carriers (600428.SH): plans to invest about 98 million US dollars to build four 9,000-ton specialized liquid cargo ships.
On August 5th, Cosco Shipping Specialized Carriers (600428.SH) announced that in order to promote the implementation of the company's 14th Five-Year Plan, accelerate the transformation and upgrading of the fleet, build a special liquid cargo transportation fleet with multiple ship types, multiple types of cargo, and new energy-saving and environmentally friendly features, and further consolidate and enhance the company's position and strength in the asphalt transportation field, it is proposed to invest and build four 9,000-ton special liquid cargo ships in Maowei Shipbuilding Co., Ltd. in Fujian province, with a total project investment of approximately 98 million US dollars, by Cosco Shipping's wholly-owned subsidiary, Cosco Shipping (Hong Kong) Investment and Development Co., Ltd.
Does This Valuation Of COSCO SHIPPING Specialized Carriers Co.,Ltd. (SHSE:600428) Imply Investors Are Overpaying?
As of July 20, 2024, the number of shareholders in Cosco Shipping Specialized Carriers (600428.SH) was 93779.
As of July 20, 2024, Cosco Shipping Specialized Carriers (600428.SH) stated on the investor interaction platform that the number of shareholders was 93,779.
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