Cosco Shipping International

Results

Cosco books $99 million impairment for FY2022

Cosco says it will look for opportunities to expand its logistical networks through strategic acquisitions and investments.
COSCO Shipping expects to report net loss with 'significant deterioration' in profit for FY2022 - THE EDGE SINGAPORE

Results

COSCO Shipping expects to report net loss with 'significant deterioration' in profit for FY2022

The loss was due to a non-cash impairment of goodwill in connection with the group’s investment in Cogent Holdings Pte. Ltd.
Cosco Shipping International proposes disposal of 60% stake in Singapore subsidiary for US$42.4 million - THE EDGE SINGAPORE

Company in the news

Cosco Shipping International proposes disposal of 60% stake in Singapore subsidiary for US$42.4 million

Cosco Shipping International holds all the issued shares in Cosco Singapore which is in the business of dry bulk shipping.

SGX hikes derivatives member fees, Cogent offer gets nod from IFA

SINGAPORE (Dec 18): The Singapore Exchange is set to hike annual membership fees for derivatives trading from Jan 2. This marks the first revision to member fees in 15 years. Fees could go up by more than tenfold, according to a report in The Business Tim

Update

Cogent gets $1.02 per share cash offer from Cosco Shipping

SINGAPORE (Nov 3): Cosco Shipping International has made a voluntary conditional cash offer to acquire all the issued ordinary shares of Cogent Holdings for $488.07 million.
×