[Evergreen] Announcement on behalf of subsidiary Evergreen Marine (Asia) Pte. Ltd. regarding purchase of containers
Evergreen Marine announced that its subsidiary, Evergreen Marine (Asia) Pte. Ltd., purchased 43,250 containers from related party Evergreen Hong Kong Ltd. for USD 41.73 million following a lease buyback.
📋 Article Processing Timeline
- 📰 Published: April 22, 2026 at 09:00
- 🔍 Collected: April 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 23, 2026 at 13:17 (5h 16m after Collected)
1. Name and nature of asset: Containers.
2. Date of occurrence: 2026/04/22.
3. Date of BoD approval: 2026/04/22.
4. Other decision date: N/A.
5. Quantity, unit price, and total amount: Quantity: 43,250 containers. Total amount: USD 41,730,687.50.
6. Counterparty: Evergreen Hong Kong Ltd. (Related party of Evergreen Marine (Asia) Pte. Ltd.).
7. Reason for choosing related party: To meet operational needs. Previous owners: Singamas Management Services Ltd., CXIC GROUP Containers Co. Ltd., Dong Fang International Container (Hong Kong) Ltd., and Guangdong Fuwa Equipment Manufacturing Co., Ltd. (Non-related parties). Previous transfer info: In 2019, Evergreen Hong Kong acquired these containers from the aforementioned manufacturers for varying amounts totaling approximately USD 103 million.
8-9. N/A.
10. Payment terms: According to contract provisions.
11. Method of determination: Price negotiation based on market price. Decision unit: BoD of Evergreen Marine (Asia) Pte. Ltd.
12-24. Appraiser, CPA details, Dissenting directors: N/A.
25. Related party transaction: Yes.
26. Approval by audit committee: N/A.
27. Acquiring real estate from related party: No.
28-30. Assessed prices and previous announcements: N/A.
31. Other matters: The subject of this transaction was originally leased by Evergreen Hong Kong Ltd. from Licht Leasing Co., Ltd. and Rosemary Shipping Corporation; they were bought back per contract conditions and sold to Evergreen Marine (Asia) Pte. Ltd.
2. Date of occurrence: 2026/04/22.
3. Date of BoD approval: 2026/04/22.
4. Other decision date: N/A.
5. Quantity, unit price, and total amount: Quantity: 43,250 containers. Total amount: USD 41,730,687.50.
6. Counterparty: Evergreen Hong Kong Ltd. (Related party of Evergreen Marine (Asia) Pte. Ltd.).
7. Reason for choosing related party: To meet operational needs. Previous owners: Singamas Management Services Ltd., CXIC GROUP Containers Co. Ltd., Dong Fang International Container (Hong Kong) Ltd., and Guangdong Fuwa Equipment Manufacturing Co., Ltd. (Non-related parties). Previous transfer info: In 2019, Evergreen Hong Kong acquired these containers from the aforementioned manufacturers for varying amounts totaling approximately USD 103 million.
8-9. N/A.
10. Payment terms: According to contract provisions.
11. Method of determination: Price negotiation based on market price. Decision unit: BoD of Evergreen Marine (Asia) Pte. Ltd.
12-24. Appraiser, CPA details, Dissenting directors: N/A.
25. Related party transaction: Yes.
26. Approval by audit committee: N/A.
27. Acquiring real estate from related party: No.
28-30. Assessed prices and previous announcements: N/A.
31. Other matters: The subject of this transaction was originally leased by Evergreen Hong Kong Ltd. from Licht Leasing Co., Ltd. and Rosemary Shipping Corporation; they were bought back per contract conditions and sold to Evergreen Marine (Asia) Pte. Ltd.