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COSCO SHIPPING Holdings Co Ltd (1919.HK)

1919.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

COSCO Shipping's unit to subscribe Qingdao Port's shares
Friday, 20 Jan 2017 07:00am EST 

COSCO Shipping Holdings Co Ltd <601919.SS><1919.HK> :Says unit of COSCO Shipping Port <1199.HK> signs agreement to subscribe Qingdao Port's <6198.HK> shares for 5.8 billion yuan ($843.64 million).  Full Article

Cosco Shipping Ports says unit enters concession agreement in relation to Khalifa Port Container Terminal 2
Wednesday, 28 Sep 2016 06:04am EDT 

Cosco Shipping Ports Ltd <1199.HK> : Cosco Ship Port-discloseable Transaction - Concession Agreement In Relation To Khalifa Port Container Terminal 2 . Cspl spv, a wholly-owned subsidiary of company, entered into concession agreement . Expected that a joint venture company will be established by cspl spv and ad ports . Total consideration payable of approximately us$738 million for the deal . Agreement in connection with construction, management and operation of kpct2. . Estimated capital expenditure of approximately us$322 million in present value terms .Will finance capital requirements of kpct2 by combination of its internal resources and external bank borrowings.  Full Article

China cosco Holdings Company updates on acquisitions of equity interests in offshore companies
Thursday, 22 Sep 2016 09:00am EDT 

China COSCO Holdings Company Limited <601919.SS>: Acquisitions Of Equity Interests In Offshore Companies . Says cosco shipping group entered into offshore company spas . Members of group agreed to acquire,other members of group and certain independent third parties agreed to sell certain equity interests in offshore co's . Total consideration of proposed connected transactions is approximately rmb5.7 million .Consideration for 75% equity interest in cs turkey under first turkey spa is approximately hk$3.8 million.  Full Article

China COSCO swings to net loss in H1
Thursday, 25 Aug 2016 05:18am EDT 

China Cosco Holdings Co Ltd <601919.SS><1919.HK> :Says it swings to net loss of 7.2 billion yuan ($1.08 billion) in H1.  Full Article

China COSCO updates acquisitions of stakes in offshore companies<1919.HK><601919.SS>
Friday, 5 Aug 2016 10:50am EDT 

China COSCO Holdings Co Ltd <601919.SS>: acquisitions of equity interests in offshore companies . Says group and COSCO Shipping Group entered into the offshore companies SPAs . Consideration for 90% equity interest in CS Romania under first Romania SPA is HK$1.8 million . Group conditionally agreed to acquire and other members of the cosco group . Consideration will be funded from self-generated funds of the group . Consideration shall be payable in cash on the completion date, except for the Russia SPAs .  Full Article

Sino-Global signs cooperation agreement with Cosco Logistics
Wednesday, 27 Jul 2016 08:30am EDT 

Sino-global Shipping America Ltd : Signs strategic cooperation agreement with Cosco Logistics . Says both companies will mutually provide logistics services between China And United States .Says Cosco Logistics is part of China Cosco Holdings Company Ltd.  Full Article

China COSCO Holdings to change co name
Monday, 11 Jul 2016 10:57pm EDT 

China COSCO Holdings <601919.SS> Co Ltd:Says it will change company name to COSCO Shipping Holdings Co., Ltd..  Full Article

China COSCO Holdings updates regarding restructuring of its controlling shareholder<1919.HK><601919.SS>
Monday, 30 May 2016 09:47am EDT 

China COSCO Holdings Co Ltd <601919.SS>: Further announcement on controlling shareholder restructuring <1919.HK> . "has also been notified that cosco shipping currently does not have any plan to change the principal business of the company" .  Full Article

China COSCO Holdings appoints Huang Xiaowen as Vice Chairman<1919.HK><601919.SS>
Tuesday, 24 May 2016 10:41am EDT 

China COSCO Holdings Co Ltd <601919.SS>: Announcement of the resolutions passed at the annual general meeting and appointment of executive director and vice chairman <1919.HK> . Says huang xiaowen was appointed as the vice chairman of the board . Says huang xiaowen was appointed as an executive director with immediate effect .  Full Article

China COSCO Holdings subsidiary signs MoU
Wednesday, 20 Apr 2016 08:00pm EDT 

China COSCO Holdings Co Ltd:Says it wholly owned subsidiary, COSCO Container Lines Co. Ltd. signs MoU with CMA-CGM, Evergreen Marine Corp. and Orient Overseas Container Line on April 20, jointly establishment of OCEAN Alliance in Shanghai.Alliance aims to provide high quality service and wide coverage.Alliance cooperation scope including: round trip between Asia and north-western Europe, Asia and Mediterranean sea, Far East and Red Sea, Far East and The Persian gulf region, Asia and The American west/east coast, as well as the Atlantic routes.Affiliate program will be started operation in April, 2017.Alliance cooperation period for at least five years.  Full Article

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