Special Situation: Allcargo Logistics Ltd
Moneylife Digital Team 27 April 2022
On 23 December 2021, the board of directors of Allcargo Logistics Ltd (ALL) approved a scheme of arrangement for restructuring and demerger of ALL’s businesses. Under the scheme, ALL’s container freight station (CFS) and inland container depot (ICD) business will be demerged into a new resulting company, Allcargo Terminals Ltd (ATL) and its equipment rental business, logistics parks and other...
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