Independent journal on economy and transport policy
19:06 GMT+2
China Merchants flagship gains $1.1b ports
(South China Morning Post)
September 21, 2001
Eric Ng
China Merchants Holdings (CMH) is to inject port-related assets worth up to 1.2 billion yuan (about HK$1.12 billion) into its Hong Kong-listed flagship China Merchants Holdings (International) (CMHI).
But it will wait until market conditions improve before going ahead.
The move will make red-chip CMHI the sole manager of the group's port assets, increase ...... Read more on South China Morning Post
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