Edition:
United Kingdom

Sinotrans Shipping Ltd (0368.HK)

0368.HK on Hong Kong Stock

2.59HKD
16 Oct 2018
Change (% chg)

HK$0.02 (+0.78%)
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Volume
101,264,000
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Latest Key Developments (Source: Significant Developments)

Sinotrans Shipping Ltd Updates On Proposal To Privatise Co
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Sinotrans Shipping Ltd <0368.HK>::SINOTRANS SHIPPING (HOLDINGS) LTD PUT FORWARD TO SCHEME SHAREHOLDERS PROPOSAL FOR PROPOSED PRIVATISATION OF COMPANY.BOARD HAS REVIEWED PROPOSAL AND HAS AGREED TO PUT IT FORWARD TO SCHEME SHAREHOLDERS.OFFEROR PROPOSED, SCHEME SHAREHOLDERS WILL RECEIVE FROM OFFEROR AS CANCELLATION CONSIDERATION OF HK$2.70 FOR EVERY SHARE CANCELLED.AS AT SEPT 27, SINOTRANS SHIPPING (HOLDINGS) IS INTERESTED IN 2.60 BILLION SHARES.APPLICATION MADE TO HONG KONG STOCK EXCHANGE FOR A RESUMPTION OF TRADING IN SHARES FROM 9:00 A.M. ON 28 SEPT.  Full Article

Sinotrans Shipping Appoints ‍Su Xingang As Chairman​
Thursday, 29 Mar 2018 

March 29 (Reuters) - Sinotrans Shipping Ltd <0368.HK>::APPOINTS ‍SU XINGANG AS CHAIRMAN​.FENG GUOYING & TIAN ZHONGSHAN RESIGNED AS AN EXECUTIVE DIRECTOR AND A NON-EXECUTIVE DIRECTOR OF COMPANY, RESPECTIVELY.SU XINGANG APPOINTED AS CHAIRMAN IN REPLACEMENT OF LI ZHEN.  Full Article

Sinotrans Shipping says Hai Kuo companies signed deal with JV companies
Tuesday, 13 Dec 2016 

Sinotrans Shipping Ltd <0368.HK>: At end of charter period, JV companies shall be obliged to buy back vessels at us$144 million for each vessel . On 12 Dec 2016, each of JV cos assigned their respective rights and interests under shipbuilding contracts to relevant Hai Kuo Cos . On Dec 12, each of Hai Kuo companies entered into bareboat charters with each of JV companies to charter five vessels . Each of Hai Kuo cos entered into Bareboat charters with JV companies to charter five vessels to JV cos for 144 months .Charterhire fee includes deposit of US$47.6 million for each vessel & charterhire of about US$328.5 million based on indicative daily rate.  Full Article