You are here

SATS to sell 51% stake in Hong Kong unit for HK$76.5m

40882470 - 15_12_2016 - pixgeneric.jpg

SATS, which handles most of Changi Airport's ground-handling business, said on Friday it would sell 51 per cent of SATS HK for HK$76.5 million (S$13.8 million) to Voltaire Capital Investment, a unit of Hong Kong Airlines.

The sale is a cash transaction.

sentifi.com

Market voices on:

Powered by GET.comGetCom