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CNQC International completes RTO deal

Published Tue, Oct 20, 2015 · 09:50 PM
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Singapore

CNQC (South Pacific), mainly known for its development and construction businesses in Singapore, has undergone a backdoor listing on the Hong Kong mainboard through a reverse takeover (RTO).

The RTO deal involved Hong Kong-listed building contractor CNQC International (formerly Sunley Holdings) acquiring the target group of companies from Guotsing Holding (South Pacific) Investment Pte Ltd or in short, Guotsing SG, on Oct 15.

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