China Merchants Port Holdings Co., Ltd.HKEX: 144

Connected Transaction - Structured Lease Agreement

· Issued by China Merchants Port Holdings Co., Ltd. via HKEXnews

Filed with HKEX · Stock code 144 · · 9 pages · English

Summary by 6ix AI

China Merchants Port Holdings Co., Ltd. has announced a connected transaction involving a structured lease agreement with Ocean Offshore for the transfer and leaseback of equipment, specifically cranes at Hambantota International Port. The agreement allows Ocean Offshore to finance the acquisition of the cranes, which will be leased back to the company for operational use. The transaction is subject to reporting requirements but is exempt from shareholder approval due to its size under the Listing Rules. The company believes the terms of the lease are beneficial for its operations and financing needs.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

China Merchants Port Holdings Co., Ltd. on 6ix

Earlier from China Merchants Port

All China Merchants Port news releases