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Article: JINZHOU PORT TO INVEST OVER CNY64MN IN GRAIN LOGISTICS

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AsiaInfo Services
Article date:
May 11, 2009
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AsiaInfo Services
05-11-2009
Jinzhou Port to Invest over CNY64mn in Grain Logistics

JINZHOU, May 11, 2009 (SinoCast Daily Business Beat via COMTEX) -- Jinzhou Port Co., Ltd. (SHSE: 600190) said in a statement that the company gained the approval from its board to continue the construction of the first phase of the modern grain logistics project.

Moreover, it will add an investment of CNY 98.80 million to its comprehensive plan for 2009. In particular, CNY 64.0328 of the proceedings that it raises for the project will be injected into the project. If more money is needed, the Shanghai-listed company will get some out of its own pocket.

Earlier, Jinzhou Port predicted that its 2008 unaudited ...

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