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CWT seeks update over HNA's S$1.4b takeover as banks get jittery

Buyer has been silent over 3 months since making offer; it also faces clampdown from Beijing, Chinese lenders
Friday, July 28, 2017 - 05:50

Singapore

IT'S nerve-wrecking time for shareholders of CWT Limited.

It's been more than three months since Chinese conglomerate HNA Holding Group announced its proposed S$1.4 billion privatisation for the Singapore-listed logistics group, but there has been scarcely any news from

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