On a pro forma basis, Chasen's NTA as at March 31 2023 would be 25.49 cents per share, versus the actual 15.4 cents reported.
Chasen Holdings has confirmed the sale of a group of its logistics subsidiaries to Switzerland's Kuehne + Nagel for $67.4 million and will pocket a net proceed of $57.2 million.
Chasen first flagged the possible sale, which consists of operating entities in Malaysia, Vietnam, Thailand and China last December.
