The latest update is out from COSCO SHIPPING Energy Transportation Co ( (HK:1138) ).
COSCO SHIPPING Energy Transportation Co., Ltd. announced that all resolutions were passed at their Extraordinary General Meeting (EGM) and H Shares Class Meeting. The meetings, held on April 11, 2025, saw participation from shareholders and proxies, with a significant number of shares carrying voting rights. The approval of these resolutions is expected to impact the company’s operations, particularly in terms of proposed share issuances and shipbuilding contracts, potentially influencing its market positioning and stakeholder interests.
More about COSCO SHIPPING Energy Transportation Co
COSCO SHIPPING Energy Transportation Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the energy transportation industry. The company primarily focuses on the shipping and transportation of energy resources, with a significant market presence in China.
YTD Price Performance: -9.24%
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.68B
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