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Asiatravel.com closer to new lease of life

SIC waives need for ZhongHong unit to make general offer in relation to a S$100m share placement

Singapore

"HAVE money, will travel" could well turn out to be the theme for floundering Catalist-listed firm Asiatravel.com Holdings this year with a potential cash wad of S$100 million under its belt and a new emerging controlling shareholder in Shenzhen-listed ZhongHong Holding.

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