Kevin Thong's comment on HEXTECH. All Comments

Kevin Thong
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Complete Logistic: Plans dividend with stake sale in three subsidiaries for RM85.6m. Complete Logistics Services is to sell 80% of its shareholdings in Dolphin Shipping Agency SB (DSA), Guper Integrated Logistics SB (GIL) and Gems Logistics SB (GEMS) to SH Cogent Logistics Pte Ltd for RM85.6m. This will result in a gain of RM57.27m. RM20.32m will be used for a dividend for shareholders, with the rest used for future investment, working capital and to pay off costs of the disposal. (The Edge)
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