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]