[GREEN MAKER]

Again this is ai answer:

Seaco Ltd. (or more accurately, its parent company Bohai Leasing Co., Ltd.) will receive the equity money from Textainer once the acquisition deal officially closes.While the agreement to acquire Seaco was announced on May 20, 2025, the transaction is subject to customary closing conditions, including certain regulatory approvals.These regulatory approvals are critical and can involve multiple jurisdictions, including: * China (where Bohai Leasing is based) * United States * European Union * Switzerland * South Korea * Taiwan * Australia * Singapore * United Kingdom * BrazilThe time it takes to obtain all necessary regulatory approvals can vary significantly, from a few months to over a year, depending on the complexity of the deal and potential antitrust concerns. Some reports have even noted that Bohai Leasing has cautioned that the completion is "far from certain" due to these approvals.Therefore, while the agreement is in place, Seaco Ltd. (or Bohai Leasing) will not receive the $1.75 billion until all closing conditions, especially the regulatory approvals, have been met. The exact date is not yet public, as it depends on the progress of these approvals.

[GREEN MAKER]

This is what ai says for what it's worth:
Seaco Ltd. has recently been involved in a significant sale.Recent Sale:On May 20, 2025, Textainer, a portfolio company of Stonepeak (a leading alternative investment firm specializing in infrastructure and real assets), entered into an agreement to acquire Global Sea Containers Limited ("Seaco") from Bohai Leasing Co., Ltd. for an equity purchase price of $1.75 billion. This transaction is subject to customary closing conditions, including regulatory approvals.This acquisition will significantly boost Textainer's position in the container leasing market, increasing its managed fleet to approximately 6.9 million TEU (twenty-foot equivalent units), narrowing the gap with the current market leader, Triton.Previous Ownership and Shareholders:Prior to this sale, Seaco (Global Sea Containers Ltd.) was a wholly-owned subsidiary of Bohai Leasing Co., Ltd. Bohai Leasing is a Chinese public company listed on the Shenzhen Stock Exchange (SZ Stock Code: 000415). Bohai Leasing's parent company was HNA Group, which had been facing financial distress.Seaco's origins trace back to 1965. It was incorporated in Bermuda and became a 50/50 joint venture between General Electric Capital Corporation and Sea Containers Ltd. in 1998 (as GE Seaco). After Sea Containers Ltd. filed for bankruptcy in 2006, its interests in GE Seaco were transferred to a new company, Seaco Ltd., which then sold GE Seaco (renamed Seaco SRL) to HNA Group in 2011.In summary, the major shareholder of Seaco Ltd. (Global Sea Containers Ltd.) was most recently Bohai Leasing Co., Ltd., but an agreement is in place for Seaco to be acquired by Textainer, backed by Stonepeak.

[DDA]

I wonder if there will be anything in there for us ...

[GREEN MAKER]

https://stonepeak.com/press-releases/stonepeak-portfolio-company-textainer-to-acquire-seaco

[GREEN MAKER]

https://stonepeak.com/press-releases/stonepeak-portfolio-company-textainer-to-acquire-seaco

[GREEN MAKER]

https://stonepeak.com/press-releases/stonepeak-portfolio-company-textainer-to-acquire-seaco

[GREEN MAKER]

Haven't been able to find it.

[DDA]

Any idea if there's still a court date set for the winding up ?

[GREEN MAKER]

$SEAOF https://www.otcmarkets.com/stock/SEAOF/security

[GREEN MAKER]

$SEAOF https://www.royalgazette.com/international-business/business/article/20240305/sea-containers-saga-is-winding-down/

[DDA]

https://www.ttnews.com/articles/textainer-talks-buy-seaco

[GREEN MAKER]

Hopefully, we at least get a final dividend, if not more.

[halbroke1]

Greenmaker...Thanks for the Update...Lets Hope this Explodes for us Shareholders !!!SEAOF !!! still alive..

[DDA]

LOL - I'm with you ...

[GREEN MAKER]

https://www.otcmarkets.com/stock/SEAOF/security

[GREEN MAKER]

The transfer agent coming to life gives me hope.

[DDA]

Green Maker, thanks for posting this. Q : do you think there's still something in this for us ? I'm still sitting on a pile of these shares.

[GREEN MAKER]

https://www.sec.gov/Archives/edgar/data/88095/000104746905008477/a2153763zex-21.htm

[GREEN MAKER]

https://www.royalgazette.com/international-business/business/article/20240305/sea-containers-saga-is-winding-down/

[halbroke1]

makinez, How u Doing!!...Some News By GREEN on SEACO...What Do U think.. Something Cooking...Hope Shareholders are rewarded..

[halbroke1]

GREEN ...Great update!!!..SEAOF could be ready to rocket...Its a long time coming for us shareholders that waited..

[halbroke1]

SEAOF Related news?? I hope so!!, ...Sounds Promising, Something Cooking, Hope we shareholders are rewarded $$$$....

[DDA]

Thx, how would this help us ? I thought we were no longer linked to the company as we dissolved ... what's your view ?

[GREEN MAKER]

News this morning. https://finance.yahoo.com/news/hna-said-kick-off-5-103128319.html

[GREEN MAKER]

https://finance.yahoo.com/news/hna-said-kick-off-5-103128319.html

[GREEN MAKER]

https://www.bloomberg.com/news/articles/2023-11-10/hna-weighs-options-for-avolon-seaco-amid-refinancing-struggles#xj4y7vzkg

[halbroke1]

Greenmaker, We are All Still Here waiting, Hope Something Big is Cooking with SEAOF $$$ !!!, Is there any Contact Number we can Call, Maybe our Poster Friend "Makinez" Knows Something.....Hope it comes Alive..

[DDA]

Anyhow Leland did not show up as CEO if I'm correct ?

He's still linked to ... https://www.amausa.com/ ...he's their CEO as well

https://www.amausa.com/about/

Guess I'll hold my shares in the sock ...

Anything more you know off ?

[DDA]

Mmmmmm... you're right.

[GREEN MAKER]

Transfer agent and shares updated

[DDA]

Greenmaker, is Paul M. Leand, Jr. as CEO already long there ? First time I see this.

I did not see anything differently or am I missing something ?

[GREEN MAKER]

https://www.otcmarkets.com/stock/SEAOF/security

[GREEN MAKER]

No.

[DDA]

Greenmaker, no updates ?

[halbroke1]

makinezmoney...How U doing, Have U heard any Updates Coming For Seaof...Thanks!!...We are all still Waiting..

[DDA]

New heigh of year :)

[DDA]

Well, some volume today

[halbroke1]

Makin...How are U Brother...Any Update here, I'm still waiting, Anyway U can find any Info on the Buyout..or if there is Any..Thanks alot

[GREEN MAKER]

Haven't heard anything, mostly watch the company via LinkedIn. Hopefully they will eventually start reporting again.

[DDA]

Green Maker, you heard anything or had extra info from the lawyer office ?

[DDA]

I think it's dead ... heard nothing more of anyone ...

[makinezmoney]

$SEAOF: Just patiently waiting on updates.

Looks like we are in for a biggggggggggggggggggggggg payday.

These Shipping stocks have been on fire.

Great summer ahead for us



GO $SEAOF

[halbroke1]

makinez..how are U my friend.. Any Updates on Seaof, did U hear Anything...thanks.

[makinezmoney]

I agree

[halbroke1]

makinez..ANY UPDATES ON SEAOF $$$, NEWS IS WAY OVERDUE !!!.

[halbroke1]

GREEN...ANY UPDATES ON SEAOF $$$, NEWS IS WAY OVERDUE..THANKS.

[DDA]

Would like to see this going somewhere as well. Where did you get the info on the fact they want to continue ?

[Youngqueen]

hmmm I wonder if this will affect the companies operations. I know that they are planning to continue to operate into 2022.

[DDA]

Case seems to be dismissed

[halbroke1]

makinez..ANY NEW INFO ON SEAOF...ARE WE GOING TO STILL SEE A BUYOUT OR TAKEOVER..THANKS..