Brandon Cafferky
Friday, October 18, 2024
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company sale
FreightWaves Staff
Wednesday, May 8, 2019
Singamas sells five companies to Cosco Shipping for US$565 million
Shipping container maker Singamas Container Holdings (HKEX:716) has announced that it will sell five of its subsidiary companies to Cosco Shipping Financial Holdings for RMB 3.8 billion. That’s about US$565 million.