You are here

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


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...

Market voices on: