The Business Times
business-time-50

CWT: Controlling owner mulling review of its business

google-preferred-sourceAdd BT as a preferred source
Published Mon, Aug 3, 2015 · 09:50 PM

Singapore

CWT Limited said on Monday that its controlling shareholder C&P Holdings is considering a strategic review of C&P's business and assets.

This "may or may not lead to a transaction involving the company (CWT)", said the logistics provider.

TRENDING NOW

The proposed transaction also involves the sale of associated trademarks across Singapore, Malaysia and Myanmar.

Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain

Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

When every phone becomes a satellite phone, what happens to Asia’s telcos?

JC&C has entered into a conditional share and asset purchase agreement to sell its Cycle & Carriage automotive distribution and retail operations in Singapore and Malaysia.

Stocks to watch: Jardine Cycle & Carriage, Creative Technology, CNMC Goldmine

Genting attributed the higher quarterly revenue to its plantation business, as well as leisure and hospitality operations in Singapore and Malaysia.

Malaysia’s Genting posts Q2 net loss despite 14% rise in revenue

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More