Independent journal on economy and transport policy
08:49 GMT+2
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the harbour group Chinese CMPort will buy 51% of the capital of the compatriot Zhongshan Port
The transaction will have a value of about 74 million dollars
September 12, 2017
The Chinese harbour group Lowers Merchants Port Holdings Co. (CMPort), through the branch Shenzhen Chiwan Wharf Holdings Ltd., will acquire 51% of the share capital of the Zhongshan Port & Shipping Enterprise Group, terminalista society that work in the ports of Zhongshan, Xiaolan and Shenwan in the region of the delta of the river of Pearls and that last year it has enlivened a containerized trade pairs to 1,04 million teu.
The quota will be yielded by the Zhongshan Zhonghang Investment Development Ltd. for 485 million yuan (74 million dollars). The signature of the agreement between the parts is attended in order tomorrow.
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