COSCO SHIPPING International (Singapore) Co., Ltd. (“COSCO SHIPPING” or the “Company” and together with its subsidiaries, the “Group”) aims to become the best-integrated logistics service provider in South and Southeast Asia. The Company is also involved in dry bulk shipping, ship repair and marine engineering, as well as property management.
The Board of Directors is pleased to announce that the PRC regulatory authority has recently issued the business licence to Cosco Shipyard (Group) Co. Ltd for the sino-foreign joint venture relating to the Company's acquisition of 51% in the registered capital of said company. |