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6 September 2026
Fujian Highton seeks nearly $300m for 16-ship buying spree
Chinese owner Fujian Highton Development is looking to raise up to RMB2bn ($295m) to bankroll a 16-ship acquisition programme spanning dry bulk and multipurpose heavylift tonnage. The Shanghai-listed company has unveiled a private placement of as many as 412. 5m new A shares, equivalent to 30% of its existing share capital, with the proceeds earmarked entirely …
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