17.10.2016 09:52:00

China Overseas Grand Oceans Group Ltd. -- Moody's: China Overseas Grand Ocean's ratings unaffected by acquisitions from COLI

Hong Kong, October 17, 2016 -- Moody's Investors Service says that China Overseas Grand Oceans Group Ltd.'s (COGO, Baa2 stable) proposed asset acquisitions from China Overseas Land & Investment Limited (COLI, Baa1 stable), its major shareholder with a 37.98% ownership, has no immediate impact on its Baa2 issuer rating as well as the stable ratings outlook.

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