SHE:000582

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Beibu Gulf Port Unit Picks Related-Party Consortium for Fangchenggang Terminal Design Contract

Beibu Gulf Port (SHE:000582) subsidiary Sanya Terminal will sign an engineering design contract, valued at 28.0 million yuan, for the Fangchenggang Port 300,000-ton-class terminal project.The bid was won by a consortium including Beigang Planning and Design Institute, CCCC Design Institute and Guangxi Communications Design, according to a Friday filing with the Shenzhen bourse.Beigang Planning and Design Institute is a related party.

SHE:000582

Asia53d ago

Beibu Gulf Port Taps Vice Chair for General Manager Role; Shares Up 6%

Beibu Gulf Port (SHE:000582) appointed Vice Chair Wang Guowei as general manager to succeed Mo Nu, who stepped down due to a work transfer.Wang resigned as vice chair but remains a director while taking on the new role, according to a weekend filing with the Shenzhen bourse.Shares of the transportation services provider rose 6% in recent trade.

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