BRIEF-Cosco Shipping Holdings says unit proposes to increase its registered capital

April 18 (Reuters) - Cosco Shipping Holdings Co Ltd

* Unit proposes to increase its registered capital

* Pan Asia proposes to introduce certain strategic

investor(s) who will subscribe for part of increased capital

* Proceeds from proposed capital increase used for purchase

of vessels, investments in container transportation chain, &

replenishing working capital

* Upon completion of capital increase, pan asia will be

owned by cosco shipping lines, strategic investor and employees

participation platform as to 82%, 10% and 8%

Source text for Eikon:

Further company coverage: