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Jinhui Holdings to Sell Dry Bulk Vessel in US$24 Million Major Transaction

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Jinhui Holdings to Sell Dry Bulk Vessel in US$24 Million Major Transaction

Meet Samuel – Your Personal Investing Prophet

Jinhui Holdings Co. Ltd. ( (HK:0137) ) has shared an update.

Jinhui Holdings has agreed to sell a 2014-built, 63,435-deadweight-tonne vessel, held via a 55.69% indirect subsidiary, to an independent Marshall Islands–incorporated ocean shipping company for US$24 million, with delivery scheduled between mid-July and mid-August 2026. The deal, classified as a major transaction under Hong Kong listing rules and priced above a recent independent valuation, is expected to crystallize gains over the vessel’s book value and may streamline the group’s fleet portfolio while requiring shareholder approval and formal disclosure to proceed.

The most recent analyst rating on (HK:0137) stock is a Buy with a HK$0.79 price target. To see the full list of analyst forecasts on Jinhui Holdings Co. Ltd. stock, see the HK:0137 Stock Forecast page.

More about Jinhui Holdings Co. Ltd.

Jinhui Holdings Company Limited is a Hong Kong–incorporated investment holding company whose subsidiaries are primarily engaged in international ship chartering and ship owning, operating a fleet in the global dry bulk shipping market. The group structures ownership through special purpose vessel-owning entities, including Jinhui Shipping, its key indirect subsidiary.

Average Trading Volume: 60,652

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$350M

See more data about 0137 stock on TipRanks’ Stock Analysis page.

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