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20 May 2011 The Board of Directors of COSCO Corporation (Singapore) Limited (the “Board”) refers to the announcement made on 3 March 2011. The Board is pleased to announce that the sale of (i) 700,001 shares in Costar representing approximately 70% of the issued share capital of Costar; and (ii) 1,400,000 shares in Coslink representing approximately 70% of the issued share capital of Coslink, to Freightworld Pte Ltd have been completed today. Cosco Corporation (Singapore) Limited, press release |
