COSCO Shipping International Singapore Co Ltd (SG:F83) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
COSCO SHIPPING International (Singapore) Co. Ltd. is expanding its operations through a new joint venture with Eastern (1961) Holding Pte. Ltd., aiming to provide specialized container body repair, maintenance, and modification services in Singapore and potentially other Southeast Asian markets. The venture, named Cogent Eastern Precision Pte Ltd, will start with an initial share capital of S$500,000, with COSCO’s subsidiary Cogent holding a 60% majority stake. This strategic partnership highlights COSCO’s commitment to enhancing its service offerings and presence in the region.
For further insights into SG:F83 stock, check out TipRanks’ Stock Analysis page.
