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00521 CWT INT'L
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About CWT INT'L Company
CWT International Limited (previously “HNA Industrial Co., Ltd.”) (“CWT INT'L” or the “Company”) is a company listed on the main board of the Hong Kong Stock Exchange (stock code: 0521). In 2013, Hainan Airlines Group, a large multinational corporation, took a share in the company and later became the controlling shareholder. In September 2017, the Company acquired CWT Pte, a leading provider of integrated logistics solutions in Singapore, through a voluntary full offer. Limited (formerly “CWT Limited”) (“CWT SG”). In the future, the company's business will focus more on international commodity trade, financial services, integrated logistics and engineering services. In 2017/12, the company changed its name to CWT International Limited. In May 2018, the company was included as a constituent stock of the MSCI China Small Cap Index, which took effect on the 31st of the same month. Looking ahead, the Group will focus on M&A opportunities in developed economies based on prudent and prudent investment principles, and closely monitor the “Belt and Road” policy and economic and trade developments in Southeast Asia and other regions (including Hong Kong, China). While strengthening its existing main business, the Group will strive to explore new growth opportunities and further develop into a leading diversified international group to enhance the company's development prospects and create value for shareholders.
Revenue Breakdown
News
CWT INT'L (00521.HK) Proposes Appointment of TianZhi International as New Auditor
Glonghui November 7 | CWT INT'L (00521.HK) announced that the company has received a letter from KPMG stating that after its current term expires, it will step down at the company's recent annual general meeting of shareholders and will not seek renewal of the company's auditors. According to the recommendations of the Audit Committee, the board of directors has decided (1) that since the proposal review team of Tianzhi International Accounting Firm Limited has fully proved to the Audit Committee and the Board of Directors that it has the required qualifications, ability and objectivity, and can effectively and efficiently carry out the year ended December 31, 2023 at a reasonable fee level
CWT International's Subsidiary Buys 32.88% of Globelink Fallow for 3.9 Million Pounds
CWT International's (HKG:0521) Singapore-based subsidiary, CWT Globelink, agreed to acquire 32.88% of the company's UK unit, Globelink Fallow, from an independent third-party investor for 3.9 million
CWT INT'L (00521.HK) plans to acquire about 32.88% of Globelink Fallow's shares for £3.854 million
Glonghui announced on November 1 | CWT INT'L (00521.HK) announced that on November 1, 2023, CWT Globelink, an indirect subsidiary of the company, entered into a sales agreement with the seller. According to this, CWT Belink agreed to acquire, and the seller agreed to sell 2,137 shares of the target company Globelink Fallow Limited (accounting for about 32.88% of the total issued shares of the target company), at a total cost of £3.854 million. Once completed, the target company will be CWT Globelin