COSCO PACIFIC TAKES MORE STAKE IN CONTAINER MAKER CIMC

AsiaInfo Services 03-10-2008 COSCO Pacific Takes More Stake in Container Maker CIMC SHENZHEN, Mar 10, 2008 (SinoCast via COMTEX) -- COSCO Pacific Ltd. (SEHK: 1199), one of the world??s five largest container terminal operators, bought 113 million B-shares more or a 4.25% stake in China International Marine Containers (Group) Co., Ltd.

(CIMC) (SZSE: 000039; SZSE: 200039), the world??s largest container maker, at HKD 1.665 billion as of March 6, 2008. COSCO Pacific, which acquired the B-shares of the container maker through its wholly owned subsidiary COSCO Container Industries Limited ...

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