Seacon Shipping Group Holdings Ltd. (HK:2409) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Seacon Shipping Group Holdings Ltd. has entered a finance lease arrangement involving the sale and charter of a nearly USD 30 million bulk carrier vessel under construction, with delivery expected by October 2024. The transaction is deemed discloseable under the Listing Rules since it meets the set percentage ratio criteria, hence it is subject to reporting and announcement obligations. The deal, structured in two cash instalments, aligns with the company’s financing needs and acquisition costs.
For further insights into HK:2409 stock, check out TipRanks’ Stock Analysis page.