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Phoenix Shipping: Plans to use no more than $60 million to purchase dry bulk carriers
Phoenix Shipping announced that the company and its wholly-owned subsidiary plan to use no more than USD 60 million to purchase dry bulk carriers, with the funding sourced from its own funds. This cumulative amount accounts for 64.59% of the company's most recent audited total assets, thus constituting a significant transaction that requires submission for shareholder meeting approval
Source: Zhitong The copyright of this article belongs to the original author/organization.
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