Tat Hong: Proposed Spin-Off & Listing Of Tower Crane Rental - TopicsExpress

Tat Hong: Proposed Spin-Off & Listing Of Tower Crane Rental Business In China. 07 Oct 2014 17:29 Tat Hong Holdings Ltd is exploring a possible spin-off of part or all of its tower crane rental business in The Peoples Republic of China via a listing on a reputable Stock Exchange. The Directors believe that the Proposed Listing would, inter alia, provide access to additional source of funding to capitalise on growth opportunities for the capital-intensive Tower Crane Rental business in the Peoples Republic of China and at the same time, increase the overall financial capacity and flexibility of the Group to strengthen the growth of its other strategic business units in ASEAN and Australia and unlock shareholder value for the Group. This is consistent with the Groups approach of reinforcing on its strength and rebalancing its focus and strategies... shareinvestor/news/news.html?source=regional_si_express&nid=95399

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