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("COSCO" or the Company) has the largest Ship Repair, Ship Building & Marine Engineering operation in China. A diversified group with activities also in the Dry Bulk Shipping, Shipping Agency and other sectors, it is the SGX Mainboard-listed subsidiary of China Ocean Shipping (Group) Company ("COSCO Group"), China’s largest shipping group and one of the top shipping conglomerates in the world.
COSCO has achieved significant progress in growing its Ship Repair, Ship Building & Marine Engineering capacities and capabilities. The completion of its acquisition of a 51% stake in the largest shipyard in China, COSCO Shipyard Group ("COSCO Shipyard"), on 1 January 2005 had propelled COSCO into the premier league in the ship repair industry. COSCO is poised to continue in its dynamic growth momentum for further breakthrough in its core businesses and global coverage. The Company is a component stock of the Straits Times Index (since 1 March 2004), constituent of the London benchmark FTSE All-World Asia Pacific (Ex-Japan) Index (since 19 March 2004) and MSCI Singapore (since 1 June 2005). In October 2006, the Company has been included as a component stock of Prime Partners China Index – the first index that tracks the performance of China enterprises listed on the Singapore Stock Exchange. |
