Xiamen Port funds Hailong Terminal expansion

Guangzhou: Xiamen Port Holdings announced that the board has decided to inject RMB290m into its wholly-owned subsidiary Xiamen Hailong Terminal Co.

The investment will be made during 2014 and after the completion of replenishment, the registered capital of Xiamen Hailong Terminal Co will be increased from RMB160m to RMB450m.

Xiamen Port said the move is to help Hailong Terminal to construct two berths. [30/12/13]

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