FilingReader Intelligence
China Merchants Energy Shipping subsidiary acquires 7.89% Antong stake
August 25, 2025 at 01:40 PM UTC•By FilingReader AI
China Merchants Energy Shipping's subsidiary Sinotrans Container Lines acquired 333.7 million Antong Holdings shares for up to RMB 1.8 billion, representing 7.89% of total capital.
The shares were purchased through block trades and transfers from China Orient Asset Management, China Chemical Asset Management, China Merchants Port Group and other sellers.
An additional RMB 360-720 million will be invested over 12 months.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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