Cosco Singapore buys 50% in Mainland ship repair affiliate

Cosco Investment Singapore''s 50% acquisition of NOSEC should improve NOSEC''s capital raising in shipping-savvy Singapore.
October 31, 2001

Singapore-listed Cosco Investment Singapore (CIS) is to pay $14.4 million dollars for 50% in Chinese ship-repair company Nantong Ocean Ship Engineering Company (NOSEC).

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