Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

"K" Line outlines share sale

"K" Line outlines share sale

Tokyo: Kawasaki Kisen Kaisha Ltd., Japan's third-biggest shipping line, plans to raise as much as 34.6 billion yen ($385 million) selling shares to help pay for vessels as it prepares for an economic recovery. The company will sell 110 million new shares in a public sale and offer an overallotment of 16.5 million shares, according to a filing with Japan's Finance Ministry today. Compatriot line Nippon Yusen Kaisha opted for a similar fund raising exercise in December.  [15/02/10]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.