Yantian Port 275 million selling Indus Mountain tunnel 50% stake

Source: Internet
Author: User
Keywords Equity Indus Mountain Yantian
Yantian Port (000088) February 22 Night Notice, the company will hold the Shenzhen Indus Mountain Tunnel Co., Ltd. 50% Equity transfer to the company's controlling shareholder Shenzhen Yantian Port Group Co., Ltd., the transfer price of 275 million yuan. The company also announced that the company exercised its priority to increase the 2% stake in Yantian International Container Terminals Ltd. The price is 28.6666 million U.S. dollars, according to February 22 interbank market exchange rate of RMB 1 to Rmb 6.5772 yuan, converted to 188 million yuan; In order to maintain a strategic partnership with Hutchison Yantian Port Investment Limited and its associated shareholders, the company gave up the Yantian international 1% preferential rights to equity.
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