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Guangzhou Shipyard International gets green light for Wenchong acquisition

Hong Kong:  Guangzhou Shipyard International Company Limited recently announced that China State Shipbuilding Corporation has allowed it to buy Guangzhou Wenchong Shipyard Co., Ltd. for RMB3,041,226. This is part of a consolidation plan for CSSC's Guangzhou yards ahead of the giant Longxue yard project in the city. [30/7/08]

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