Yang Ming Marine Transport (TPE:2609) will purchase 11,850 containers from Dong Fang International Container (Hong Kong) for between $39.5 million and $40.5 million.
The containers, comprising multiple types, will be acquired at unit prices ranging from about $1,608 to $6,735 through a price comparison process, according to a Wednesday Taiwan Exchange filing.
The acquisition will support its business operations, it said.