COSCO PACIFIC CUTTING BACK ON ACQUISITION PROGRAMME
Cosco Pacific Ltd, the Hongkong arm of China's biggest shipping
company, says plunging international markets have crimped its
ambitious acquisition programme.
"We can't raise funds or issue new shares with the market
like this," said vice-chairman Zhang Dachun.
"Would you buy shares? If so, I'd be happy to sell you some,"
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