Wan Hai Lines Ltd.

05/09/2022 | Press release | Distributed by Public on 05/09/2022 03:07

Supplement to Announcement for vessel disposal on behalf of Wan Hai Lines(Singapore) PTE LTD on 28th January, 2022.

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Provided by: WAN HAI LINES LTD.
SEQ_NO 2 Date of announcement 2022/05/09 Time of announcement 17:02:51
Subject 
 Supplement to Announcement for vessel disposal
on behalf of Wan Hai Lines(Singapore) PTE LTD
on 28th January, 2022.
Date of events 2022/05/09 To which item it meets paragraph 20
Statement 
1.Date of occurrence of the event:2022/05/09
2.Date of the original announcement and reporting:2022/01/28
3.Summary of the content originally announced and reported:
As per the former announcement dated on 2022/01/28,
20 full-container vessels disposal to WAN HAI LINES LTD.
which is the parent company of Wan Hai Lines(Singapore) PTE LTD.
Unit Price: USD 16,800,000~USD 44,500,000
Total transaction price: USD 682,900,000
4.Reason for change and its main content:
Based on current operational needs, disposing 14 full-container vessels
Unit Price: USD 6,130,000~USD 35,700,000
Total transaction price: USD 233,430,000
Previous owner:
WAN HAI LINES LTD. is the parent company of
WAN HAI LINES (SINGAPORE) PTE LTD.
GUANGZHOU WENCHONG SHIPYARD is the non-related party
MI DAS Line S.A is the non-related party
Open Waters Cape Negro Pte Ltd. is the non-related party
Open Waters Cape Norviega Pte Ltd. is the non-related party
Previous date:
Trading counterparty as related party: 1997/12/14~2012/02/15
Trading counterparty as non-related party: 2014/11/18~2021/10/29
Monetary amount of transfer:
Trading counterparty as related party: USD 193,723,584.42
Trading counterparty as non-related party: USD 73,407,608.50
5.Effect on the Company's finance and business after the change:None
6.Any other matters that need to be specified:None