Jinhui Holdings Co. Ltd.HKEX: 137

Major Transaction - Disposal of a Vessel

· Issued by Jinhui Holdings Co. Ltd. via HKEXnews

Filed with HKEX · Stock code 137 · · 6 pages · English

Summary by 6ix AI

Jinhui Holdings Co. Ltd. has announced a major transaction regarding the disposal of a vessel, which is an indirect subsidiary of the company, to a purchaser for a significant consideration. The proceeds from this transaction will be used for general working capital, including repaying short-term borrowings and settling outstanding payables. The disposal aligns with the company's strategy to optimize its fleet and enhance its liquidity amid volatile market conditions.

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

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