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Key shareholders of Poh Tiong Choon Logistics to review their holdings

But quartet says there's no assurance any transaction involving the company would result; trading halted with immediate effect

Published Tue, Sep 20, 2016 · 09:50 PM
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Singapore

THE co-founders of Poh Tiong Choon Logistics (PTC Logistics) and some substantial shareholders, who collectively hold a 41.3 per cent interest, are seeking a strategic review of their stakes.

They have sent a letter dated Sept 19 to the company, saying that they are in the process of appointing KPMG Corporate Finance for the review.

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