To further develop the investment business of terminals, COSCO Pacific (01199) announced to purchase 39.04% of shares of Taicang International Container Terminal from COSCO, at a total price of 322 million Yuan. This purchasing could bring extra income, and help improve the profitability. It is predicted that the container and bulk cargo annual throughput of this terminal would reach 0.55 million TEU and 4 million tons respectively.

Source from CNSS