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Wearnes auto unit likely to get 4 bids
Bidders said to be Swire Pacific, M'sian car distributor, OUE, Al-Futtaim Group
Add BT as a preferred sourcePublished Mon, Jun 23, 2014 · 10:00 PM
THE four parties eyeing the Wearnes group's automotive business are likely to submit their bids this week.
The interested bidders are said to be Swire Pacific, OUE, a Malaysian car distributor and Al-Futtaim Group.
The last party only threw its hat into the ring recently but is seen to be the one most able to pay United Engineers' asking price.
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