Guangzhou Ship Plans to Buy Wenchong

Tuesday, July 22, 2008

Guangzhou Shipyard International said its directors have passed a resolution approving the company's plan to apply to China Beijing Equity Exchange to participate as interested transferee in the public listing of assets for transfer process for the sale of 100% equity interest in Guangzhou Wenchong Shipbuilding Limited (Wenchong) by China State Shipbuilding Corporation (CSSC).

Source:  Quamnet

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