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CDB Leasing (01606) to buy five vessels for US$231m
 China Development Bank Financial Leasing (01606)
said it entered into five shipbuilding contracts for the construction and purchase of five
Newcastlemax dry bulk carriers of 208,000 metric tons deadweight.
  The total consideration of the purchase is US$231.4 million. 
  hina Development Bank Financial Leasing intends to lease the vessels to an independent 
third party (as the lessee) to carry out operating lease business. The development of
vessel operating lease business is an important measure for China Development Bank 
Financial Leasing to expand its variety of vessel businesses as well as to enhance its 
competitiveness in vessel business market. 

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