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SITC International (01308.HK) to Sell Container Vessel Owning Business for USD12.16 million
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SITC International (01308.HK) announced a connected transaction to dispose of its entire equity interest in SITC Subic Shipping to Qingdao SITC. The target company owns a 12,322-ton container vessel built in 2019, which will be engaged in operating routes between China and Taiwan. The cash consideration is USD12.16 million. (de/d) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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