Edition:
India

Tianjin Port Development Says Tianjin Port Container To Absorb & Merge With Co's 2 Units


Monday, 1 Jul 2019 

July 1 (Reuters) - Tianjin Port Development Holdings Ltd <3382.HK>::TIANJIN PORT DEVELOPMENT - TIANJIN PORT CONTAINER WILL, AS SURVIVING PARTY, ABSORB AND MERGE WITH TIANJIN ORIENT AND TIANJIN FIVE CONTINENTS.SUBSEQUENT TO MERGER, TIANJIN ORIENT AND TIANJIN FIVE CONTINENTS WILL BE DISSOLVED.TIANJIN PORT DEVELOPMENT - UPON COMPLETION OF MERGER, CO & ITS UNITS WILL HOLD 76.68% EQUITY INTEREST IN NEW TIANJIN PORT CONTAINER.TIANJIN PORT DEVELOPMENT HOLDINGS - WITH EFFECT FROM MERGER DATE, THE REGISTERED CAPITAL OF NEW TIANJIN PORT CONTAINER WILL BE RMB2.41 BILLION. 

Company Quote

0.7
-0.01 -1.41%
18 Oct 2019