China Merchants lifts Antong Holdings stake to 24.84% with board vote set for 28 August

Summary

China Merchants Energy Shipping has lifted its combined holding in domestic container operator Antong Holdings to 24.84%, with subsidiary Sinotrans Container Lines holding 14.94% directly as the largest single shareholder. Antong shareholders vote on an early board reconstitution at an EGM on 28 August; if it passes, Sinolines becomes controlling shareholder and China Merchants Group the ultimate controller.