China Merchants Energy Shipping (CMES) is moving to take control of Chinese domestic container carrier Antong Holdings, according to DynaLiners.
Antong is the parent company of Quanzhou Ansheng Shipping.
CMES has increased its combined shareholding in Antong to 24.84%. Meanwhile, its wholly owned subsidiary Sinotrans Container Lines (Sinolines) directly holds a 14.94% stake.
As a result, Sinolines has become Antong’s largest individual shareholder.
Antong board reconstitution proposed
CMES has proposed an early reconstitution of Antong’s board.
Shareholders will consider the proposal at an extraordinary meeting on 28 August 2026.
If approved, Sinolines will become Antong’s controlling shareholder. China Merchants Group will then become the company’s ultimate controller.
Visited 1 times, 1 visit(s) today
