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