By ANGELA TAN
Keppel Telecommunications & Transportation Ltd (Keppel T&T), through its subsidiary, has entered into a conditional agreement to sell its 35 per cent stake in Wuhu Annto Logistics Co Ltd (Annto) to Midea for net proceed of about S$52.6 million.
Keppel T&T said Annto is looking into the expansion of its manufacturing business, which does not fit into its businesses.
Keppel T&T intends to use the proceeds to grow and strengthen its core businesses of integrated port logistics and third-party logistics in target Chinese markets.
The book value of Annto was S$31.9 million on 31 December 2010. It is expected to result in a net gain of about S$20.7 million.
你想投资一支能賺取一倍回报的股票吗？ - 一倍回报的股票 如果你投资一支股票后在3至5年能取得一倍的回报是否属于很有吸引力的投资？我不知道你的答案，但我相信对于那80%在过去10年利用公绩金投资亏损的投资者，我相信答案是肯定的。可能你还不能理解在3到5年取得一倍的回报意味着什么。我将从另一个角度来解释。如果你投入一万元在3年后增长一倍至2万元，这代表你...
8 hours ago