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Cosco forms joint venture with related entity to invest in logistics infrastructure assets

The Edge Singapore
The Edge Singapore  • 2 min read
Cosco forms joint venture with related entity to invest in logistics infrastructure assets
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Cosco Shipping International (Singapore) has formed a joint venture with a related entity to invest in logistics infrastructure assets across Asean and generate rental income thereafter.

The joint venture partner is Supply Fortune, which will hold a 51% stake.

Supply Fortune is a wholly-owned subsidiary of Cosco Shipping Holdings (Hong Kong) Co, which is in turn a wholly-owned subsidiary of Cosco Shipping Holdings Co.

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