Beibu Gulf Port Plans Share Issuance and Cash Payment to Acquire 100% Equity in Henggang Terminal; Trading Suspended from October 8

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Beibu Gulf Port announced on October 7 that the company is planning to acquire 100% equity in Guangxi Free Trade Zone Qinzhou Port Area Henggang Terminal Co., Ltd. from Guangxi Beibu Gulf International Port Group Co., Ltd. and Qinzhou Port Construction Investment Co., Ltd. through the issuance of shares and cash payment, and to raise supporting funds. Trading in the company's shares will be suspended from the market open on Thursday, October 8.

Impact on assets 1

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Beibuwan Port Co Ltd
000582
▲ PositiveCapitalrelevance

Beibu Gulf Port plans to acquire 100% equity of Henggang Terminal via share issuance and cash, an M&A event for the company.

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