Date
17 August 2017

Dalian Port becomes top shareholder in Jinzhou Port, paper says

Dalian Port Group has bought an additional 3.92 percent stake in Jinzhou Port Co. Ltd. (600190.CN) for 276 million yuan (US$45.1 million), becoming the latter’s biggest shareholder, Shanghai Securities News reported over the weekend, citing a regulatory filing from Jinzhou Port. Dalian Port is said to have bought the shares from Jinzhou Port State-owned Assets Management and Administration Co. Ltd. at 3.51 yuan per share. After the deal, Dalian Port’s holding in Jinzhou Port has gone up to 19.08 percent. 

– Contact HKEJ at [email protected]

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