Qinhuangdao Port Disposes its Stake in Tangshan Jingtang Railway for 40 Million Yuan

MT Newswires Live

2024/09/06

Qinhuangdao Port (HKG:3369, SHA:601326) agreed to sell 14.29% of equity interests in Tangshan Jingtang Railway to Camumani for 40 million yuan, a Thursday Hong Kong Exchange filing stated.

The company will cease to hold any interest in the target company after the completion of the transaction.

The company intends to use the proceeds from the disposal for its general working capital.

Price (HKD): $2.13, Change: $-0.020, Percent Change: -0.93%

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