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.
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- Source: PR Times
- Category: News
- Organizations: Evergreen Marine (Asia) Pte. Ltd. / Singamas Management Services Limited / CXIC GROUP Containers Company Limited