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Guangzhou Port to acquire Sea Port travel business for CNY 197m

April 29, 2025 at 05:40 AM UTCBy FilingReader AI

Guangzhou Port Co., Ltd. (the "Company") announced its intent to acquire 100% equity interest of Guangzhou Sea Port & Travel Co., Ltd. ("Sea Port Travel"), held by its parent entity, Guangzhou Port Group Limited, for CNY 197.23 million via a non-public agreement. This includes Sea Port Travel’s main business operations and assets, plus 15 docking structures and related assets and the equity is based on the Jan 31, 2025, valuation.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601228Shanghai Stock Exchange
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