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Cosco Corp fate clouded by parent's merger

Market awaits clarity on whether it would be delisted from SGX as part of the deal

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IN THE BALANCE: The media spotlight is not on the eventual restructuring of the shipbuilding portfolios of the two Chinese groups, but on how the merger will serve to consolidate the container shipping space.

Singapore

THE fate of Singapore-listed Cosco Corporation (S) looks uncertain as the proposed merger between the shipping businesses of its Chinese parent, China Ocean Shipping (Group) Company (Cosco Group), and China Shipping Group Co (CSG) was reportedly granted the regulatory green

sentifi.com

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