Greater China

Zhuhai Port replenishes capital in river port subsidiary

Guangzhou: Zhuhai Port announced that it will jointly inject RMB218m capital into its subsidiary Zhuhai Yunfu New Port Company with other shareholders.

Zhuhai Port holds 76.2% equity in the subsidiary and it will invest RMB166.2m in the deal.

Zhuhai Port said the move is to optimize the debt restructure of the subsidiary.

Yunfu New Port is a river port on Xijiang River, it is acquired by Zhuhai Port at the end of 2011. [26/09/14]

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