Chu Kong Shipping and China Merchants in talks to develop logistic business

Lu Youbang, Managing Director of Chu Kong Transhipment & Transportation Company
 Limited (CKTT), a subsidiary of Chu Kong Shipping Development Company Limited
 (0560) (CKSD), said the company will concentrate on the development of 
logistic businesses and is in talks with China Merchants(International) (0144)
 on cooperation. Deputy General Manager of CKSD Xie Xiaohongsaid that the
 parent company will consider whether to inject logistics business to CKSD or 
not in the future. He added that parent might merge its logistics business with

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