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HNA's offer for CWT 'fair and reasonable' says IFA to deal
SINGAPORE (Oct 2): CWT's independent directors have recommended shareholders to accept HNA Holding Group's $2.33 per share offer for logistics firm CWT.
October 02, 2017
Broker's Calls
OCBC ceases coverage on CWT with impending privatisation
SINGAPORE (Sept 28): OCBC Research is ceasing coverage on CWT Limited, the integrated logistics and supply chain solutions provider, given HNA Holding Group’s intentions to delist the company after acquiring it.
September 28, 2017
Broker's Calls
OCBC sticks with ‘accept the offer’ as HNA sets up Sept vote for CWT acquisition
SINGAPORE (Aug 23): HNA Holding Group, the offeror which is making a bid for CWT, announced a general meeting will be held on Sept 7 for shareholders to vote on the acquisition.
August 23, 2017
Broker's Calls
CWT takeover could speed up asset injection into Cache Logistics Trust
SINGAPORE (April 11): CIMB is sticking to its “reduce” call on Cache Logistics Trust with 71 cents target price as it stays cautious on the logistics sector due to strong completions in 2017.
April 11, 2017