Sinotrans Completes Sale of 25% Stake in Loscam International

Reuters10-22
<a href="https://laohu8.com/S/02589">Sinotrans</a> Completes Sale of 25% Stake in Loscam International

Sinotrans Limited has completed the disposal of a 25% equity interest in Loscam International. The company announced that all conditions precedent for the transaction were satisfied as of 21 October 2025, and the disposal has now been finalized. Following the transaction, Sinotrans indirectly holds a 20% equity interest in Loscam International through China Merchants Shipping, which remains an associate of the company. The group expects to record a gain of approximately RMB1.65 billion (excluding tax effects) from the disposal, with the final financial impact subject to the company's audited financial statements.

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