Subscribe to RSS feedCosco liner arm eyes HK listing
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Obsidian
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last modified
Mar 17, 2005 12:00 AM
China Ocean Shipping (Group) has embarked on the long-awaited Hong Kong listing for its liner shipping subsidiary, a deal estimated to be worth HK$23.4bn (US$3bn).
China's largest shipping company said Cosco Holdings lodged an advanced booking form on March 7 for the proposed listing with the Hong Kong Stock Exchange.
Cosco Holdings was incorporated in China on March 3.
Cosco Pacific managing director Sun Jiakang...
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