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Seacon Shipping Announces Major Vessel Transactions

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Seacon Shipping Announces Major Vessel Transactions

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Seacon Shipping Group Holdings Ltd. ( (HK:2409) ) has shared an announcement.

Seacon Shipping Group Holdings Limited announced a major transaction involving the disposal of a vessel for USD 32.88 million and a discloseable transaction through exercising an option to purchase another vessel for approximately USD 21 million. The transactions, when aggregated with previous agreements, classify as major and discloseable transactions under the Hong Kong Stock Exchange Listing Rules, necessitating specific reporting and shareholder approval requirements. The company has already secured necessary approvals from its Closely Allied Group, which holds a significant portion of its shares, thus satisfying shareholder requirements without convening a general meeting.

More about Seacon Shipping Group Holdings Ltd.

Seacon Shipping Group Holdings Limited is a company incorporated in the Cayman Islands, operating in the shipping industry. It focuses primarily on vessel operations, including the purchase, sale, and chartering of ships.

YTD Price Performance: 8.28%

Average Trading Volume: 11,090

Technical Sentiment Consensus Rating: Sell

See more data about 2409 stock on TipRanks’ Stock Analysis page.

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