JINHUI SHIPPING AND TRANSPORTATION LIMITEDAcquisition Agreement • June 30th, 2008
Contract Type FiledJune 30th, 2008The board of directors (the "Board") of Jinhui Shipping and Transportation Limited (the "Company") announces that Jinyu Marine Inc. ("Jinyu"), a wholly-owned subsidiary of the Company, entered into a construction and sale contract (the "Contract") on 30 June 2008 to acquire a Handysize newbuilding at a purchase price of JPY4,500,000,000 (the "Acquisition").