Independent journal on economy and transport policy
20:31 GMT+1
This page has been automatically translated by Original news
In three days of dealings the price of the actions of Lowers COSCO is diminished of -20%
In recent days the society has received from the shareholder of control COSCO about 647 million dollars for the renewal of the fleet
July 7, 2015
In the last three days consecutive of dealings on the securities market, between the 3 and on 6 July, the price of closing of the actions of Holding China COSCO Co., investment trust through which the Chinese shipowning group Ocean Shipping (Group) Co Lowers. (COSCO) controls own operating societies, has recorded a total decrease of -20%.
In a communication to the Stock exchange of Shanghai, obligatory in case of so an anomalous variation of the price of the titles, It lowers COSCO has specified that, on the base of an internal verification to the company and on the base than communicated from the control shareholder, not there is some information that would have to be been profitable note according to Regolamento of Stock exchange and that instead it is not communicated. COSCO lowers has specified that the running activities are normal and that not sussistono material elements that can have contributed to the inusuale variation of the price of the actions.
The last communication of relief returned from Lowers COSCO is relative to deep in order almost four billions of yuan (647 million dollars) received 30th june from the shareholder of destined control COSCO and to the modernization of the fleet and the dismissione of old ships.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In the last three days consecutive of dealings on the securities market, between the 3 and on 6 July, the price of closing of the actions of Holding China COSCO Co., investment trust through which the Chinese shipowning group Ocean Shipping (Group) Co Lowers. (COSCO) controls own operating societies, has recorded a total decrease of -20%.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
