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An announcement from SITC International Holdings Co., Ltd. ( (HK:1308) ) is now available.
SITC International Holdings Co., Ltd. has announced the exercise of options for the construction of two additional container vessels, with a total investment of approximately US$57.96 million. This transaction is classified as discloseable under Hong Kong’s Listing Rules due to its size and is expected to enhance the company’s operational capacity by expanding its fleet, potentially strengthening its market position and benefiting stakeholders.
More about SITC International Holdings Co., Ltd.
SITC International Holdings Co., Ltd. operates in the shipping and logistics industry, focusing on the construction and operation of container vessels. The company is involved in the management and ownership of a fleet of container ships, serving various routes and markets.
YTD Price Performance: -10.40%
Average Trading Volume: 1,754
Technical Sentiment Signal: Sell
Current Market Cap: €6.12B
See more data about 1308 stock on TipRanks’ Stock Analysis page.