| Timeframe | Equipment | Manager | Review |
|---|---|---|---|
Timeframe:
2006 - 2011
| Equipment:
| Manager:
| Review:
original build
|
Timeframe:
2011
| Equipment:
| Manager:
|
IHC 7025MP
On 25 June 2011, Xiangyu PRC and the PRC Operational Entity (both accounted for as subsidiaries of
the Company) as purchasers entered into the Agreement with Qingdao Beiya, pursuant to which the
Group has agreed to purchase from Qingdao Beiya MV Beiya No. 1 (a cutter suction dredger) at the
Purchase Price of RMB196.5 million (equivalent to approximately HK$229.9 million). Under the
Agreement, Qingdao Beiya has agreed to grant to the Purchasers the First Right of Refusal of
chartering MV New Beiya, a new cutter suction dredger whose construction is near the completion
stage.
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