SINGAPORE - ComfortDelGro Corp said on Monday its wholly owned
subsidiary in China has sold its entire interest in the registered
capital of Shenyang ComfortDelGro Bus Co Ltd for 248.35 million yuan
(S$50 million).
The interest was sold to Shenyang Metro
Bus, and the price was based on the net asset value of Shenyang
ComfortDelGro Bus, Singapore-listed ComfortDelGro said.
ComfortDelGro operates in seven countries and has a global network of
more than 46,400 buses, taxis, trains and rental vehicles, according to
its website.
-- TODAY
Another SMB!