China Merchant Pacific’s (CMHP) AGM took place this morning and there are some take always.

In the evening, their 1st quarter results are announced. You can view the announcement here and here.

I will not go through the report as it was business as usual. I would just update on some minor financial details and what was updated at the AGM.

Most of my past writings on this company can be found here:

The Acquisition Plan Going Forward

The management restructuring is to aid the acquisition strategy going forward. The parent, Huajian do not own substantial stakes but fragmented stakes of …