CDC ASX listing

General Transport Discussion not specific to one state
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Linto63
Posts: 2824
Joined: Wed Feb 03, 2016 3:44 pm

CDC ASX listing

Post by Linto63 »

ComfortDelGro seeks ASX listing for its Australian subsidiary. Although details are still TBA, reading between the lines appears to be a partial sale with CDC to retain a controlling shareholding, rather than a full disposal.
Aurora
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Joined: Sat Sep 05, 2009 10:54 pm
Favourite Vehicle: C set
Location: Sydney Reg 3

Re: CDC ASX listing

Post by Aurora »

In other words cashing out what they can without losing control.
An asset of NSW. All opinions/comments are strictly my own.
M 5885.
moa999
Posts: 2925
Joined: Fri Nov 23, 2012 3:12 pm

Re: CDC ASX listing

Post by moa999 »

Will be interesting to see the value talk versus what Cabcharge got 5 years ago
https://www.sbs.com.au/news/cabcharge-d ... bus-market

That $186m is higher than the market cap of A2B today.
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