CSSC (Hong Kong) Shipping Company Limited ( (HK:3877) ) has shared an announcement.
CSSC (Hong Kong) Shipping Company Limited announced the sale and leaseback of two vessels, Fortune ASP Methanol I and II, with Asia Pacific Shipping Company Limited. The transaction, valued at approximately USD118,172,000, is classified as a discloseable transaction under the Listing Rules, indicating a strategic move to optimize asset management and financial structuring without requiring shareholder approval.
More about CSSC (Hong Kong) Shipping Company Limited
CSSC (Hong Kong) Shipping Company Limited operates in the shipping and leasing industry, focusing on providing marine transportation services. The company engages in sale and leaseback transactions, particularly involving vessels, to enhance its service offerings and market reach.
YTD Price Performance: -5.00%
Technical Sentiment Signal: Hold
Current Market Cap: €1.12B
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