Yichang Port Affairs Group Ltd
Sector: Government • Location: China
Source: World Bank Group
In September 2008, PYI Yichang Investment Ltd (PY), an indirect wholly-owned unit of PYI Corp Ltd, acquired a 51% interest in Yichang Port Group Ltd (YP), a port company which has 57 berths in Yichang City, Hubei Province and a 99. 34%-owned unit of Chinese state-owned Yichang Yiling State-owned Assets Operation Co Ltd (YY), from YY, for 149 mil Chinese yuan ($21.32 mil US) in cash, in the formati
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | In September 2008, PYI Yichang Investment Ltd (PY), an indirect wholly-owned unit of PYI Corp Ltd, acquired a 51% interest in Yichang Port Group Ltd (YP), a port company which has 57 berths in Yichang City, Hubei Province and a 99. 34%-owned unit of Chinese state-owned Yichang Yiling State-owned Assets Operation Co Ltd (YY), from YY, for 149 mil Chinese yuan ($21.32 mil US) in cash, in the formation of a joint venture through direct negotiation. PY owns 51% of the project and YY the remaining 49% in YP. In April 2009, PYI was allowed to pay only RMB 114 million, 35 million less than originally required, because of the economic downturn. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |