The consideration amount took into account the unaudited net asset value (NAV) of the sale shares as at July 31 of RMB97.0 million.
Keppel Corporation, through Keppel Telecommunications & Transportation (Keppel T&T), has divested its entire 50% equity interest in Wuhu Sanshan Port on Nov 12.
Keppel’s interest will be sold to Sinotrans Limited for a total cash consideration of RMB170 million ($36 million).
