Independent journal on economy and transport policy
14:33 GMT+2
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Singamas sells an inactive container factory
Production has been halted since April 2017
June 22, 2020
g src="/images/iMinizionotizia.gif" width="70" height="17" border="0" style="vertical-align: middle;">China's Singamas Container Holdings group has sold its Tianjin Pacific Container Co. (TPCC) container factory that is specializes in the construction of containers for dry loads and containers that has been inactive since April 2017. The entire capital of the TPCC was sold for 132 million yuan (18.6 million U.S. dollars) to China's Tianjin Jianghao Logistic Co. e Tianjin Haisheng Lanrui Iron and Steel Trading Co. who bought 95% and 5% of their shares, respectively.
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