1. Name and nature of the underlying asset: One 210,000 DWT bulk carrier 2. Date of occurrence: 2026/04/27 3. Date of board approval: 2026/04/27 4. Other approval dates: N/A 5. Quantity, unit price, and total amount: 1 vessel; USD 77,500,000 - 80,500,000 per vessel; Total USD 77,500,000 - 80,500,000 6. Counterparty and relationship: CSSC Qingdao Beihai Shipbuilding Co., Ltd. and China Shipbuilding Trading Co., Ltd. Relationship: None 7. Transactions with related parties: N/A 8. Transactions involving related parties in the last 5 years: N/A 9. Expected gain or loss from disposal: N/A 10. Payment terms and conditions: As per contract 11. Determination of price: Negotiation, based on recent market conditions, approved by board 12. Professional valuer: N/A 13. Name of valuer: N/A 14. Certificate of valuer: N/A 15. Limited or specific price: No or N/A 16. Valuation report not yet obtained: No or N/A 17. Reason for not obtaining report: N/A 18. Material difference in results: N/A 19. CPA firm: N/A 20. CPA name: N/A 21. CPA certificate: N/A 22. Broker and fees: N/A 23. Purpose of acquisition: Fleet renewal and long-term operational development plan 24. Dissenting opinions from directors: None 25. Related party transaction: No 26. Supervisor or Audit Committee approval date: N/A 27. Acquisition of real estate from related party: No 28. Valuation based on regulations: N/A 29. Valuation lower than price: N/A 30. Previous announcements on the same event: N/A 31. Other matters: Exchange rate USD $1=NTD$31.55
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- Source: PR Times
- Category: News
- Organizations: China Vantage Shipping Pte. Ltd.