Federal Int'l sells stake in TWCC

(2005-12-31)

FEDERAL International (2000) is disposing of its 10 per cent stake in Tiong Woon China Consortium Pte Ltd (TWCC) to an existing shareholder, Tiong Woon Corporation Holding Ltd, for $1.57 million. Federal will record a $0.42 million gain on the divestment.

《The Business Times》

  

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