Cosco lifts SFEC stake China Acquisitions and mergers,Corporate restructuring, China Ocean Shipping,Fentalic,Shanghai Far East Container, July 1998

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Issue: July 1998

Cosco lifts SFEC stake

China Ocean Shipping Co (Cosco) subsidiaries are to inject Yuan 36.84 mill (US$4 mill) into Shanghai Far East Container Co (SFEC) and increase their stake in the company from 60 to 67.5 per cent in a restructuring exercise...

Date: July 1998 Page: 17 Words(approx): 175...

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