T.S.LINES IS ERLL-PREPARATION FOR FIERCE COMPETIEION AND LISTING IN HONG KONG
Chen Desheng, chairman of T.S. Lines, revealed that the company's board of directors has recently adopted a stock listing plan in Hong Kong. The choice of Hong Kong is mainly investment funds plentiful. Investors in Hong Kong are in more understanding of the long-term operation of ocean freight, fundraising is easier, and Hong Kong's corporate income tax is low. Dividend tax exemption is also an incentive, too. After the listing in the future, it will be more capable of making larger and longer-term investment plans.
He said that the parent company of T.S. Lines is located in Hong Kong. It is also a natural matter to list in Hong Kong. At present, the whole company is still in the planning stage. Due to the rapid changes in the shipping market, the board of directors has decided to accelerate preparations, but the time to market must be at the best time.
No matter which companies, like T.S. Lines, later to start their own business, it seems that the company is growing up. The company's annual revenue shows an ever-increasing growth line. Of course, for economies of scale, the cargo owner service, and the density and area of the routes increasing, it is common that natural revenues continue to grow. So the past growth is not too esoteric business strategy.
However, the maritime market has undergone drastic changes in recent years. The major ocean-going market became oligopolistic, forming the three major maritime alliances. For small and medium-sized carriers, the development space is greatly squeezed, to continue growing is barely impossible.
But in fact, the long-term planning of T.S. Lines depends on......
Learn more:
http://sowoll.com/en/dnewsdetail/883.html
He said that the parent company of T.S. Lines is located in Hong Kong. It is also a natural matter to list in Hong Kong. At present, the whole company is still in the planning stage. Due to the rapid changes in the shipping market, the board of directors has decided to accelerate preparations, but the time to market must be at the best time.
No matter which companies, like T.S. Lines, later to start their own business, it seems that the company is growing up. The company's annual revenue shows an ever-increasing growth line. Of course, for economies of scale, the cargo owner service, and the density and area of the routes increasing, it is common that natural revenues continue to grow. So the past growth is not too esoteric business strategy.
However, the maritime market has undergone drastic changes in recent years. The major ocean-going market became oligopolistic, forming the three major maritime alliances. For small and medium-sized carriers, the development space is greatly squeezed, to continue growing is barely impossible.
But in fact, the long-term planning of T.S. Lines depends on......
Learn more:
http://sowoll.com/en/dnewsdetail/883.html
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