FilingReader Intelligence
Guangzhou Port to acquire Sea Port travel business for CNY 197m
April 29, 2025 at 05:40 AM UTC•By 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
Supplementary Source Documents
Announcement of Guangzhou Port Co., Ltd. on the acquisition of 100% equity and supporting assets of Guangzhou Haigang Business Travel Co., Ltd. and related transactionsApril 28, 2025 at 09:38 AM UTC
Guangzhou Port Group Co., Ltd. intends to transfer its 100% equity interest in Guangzhou Haigang Business Travel Co., Ltd. to Guangzhou Port Co., Ltd. through a private agreement. Asset valuation report involving the value of all equity interests of Guangzhou Haigang Business Travel Co., Ltd. shareholders (Zhonglian International Evaluation No. [2025] VYGPA0291)April 28, 2025 at 09:38 AM UTC
Guangzhou Port Co., Ltd. Announcement on the Approval of Registration for Public Offering of Corporate Bonds to Professional InvestorsApril 28, 2025 at 09:38 AM UTC
Guangzhou Port Group Co., Ltd. intends to transfer assets to Guangzhou Port Co., Ltd. through a non-public agreement involving the valuation report of 15 pontoons held by Guangzhou Port Group Co., Ltd. (Zhonglian International Evaluation No. [2025] VYGPA0292)April 28, 2025 at 09:38 AM UTC
Guangzhou Port Co., Ltd.'s announcement on the cancellation of some special accounts for raised fundsApril 28, 2025 at 09:38 AM UTC
Announcement of Guangzhou Port Co., Ltd. on the revision of the Articles of Association and some regulationsApril 28, 2025 at 09:38 AM UTC
News Alerts
Get instant email alerts when Guangzhou Port Company publishes news
Free account required • Unsubscribe anytime