Sinotrans buys Keppel’s logistics businesses for $28m

Sinoway Shipping, a subsidiary of Sinotrans Limited, has inked agreements to acquire the entire stakes in Keppel Logistics (Foshan) Co (KLF) and Keppel Logistics (Hong Kong) Limited (KLHK) from Keppel Telecommunications & Transportation (Keppel T&T) for a total of about SGD39m ($28m). Read More

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