Under the SPA, Keppel T&T and FedEx will divest their respective stakes in AAT to SATS, while Torres will divest its stake in AAT to SATS and EOL.
The consideration has taken into account AAT’s financial performance and position.
As at Dec 31, 2021, the book value and net tangible asset value of the sale shares stood at HK$199.4 million.
Shares in Keppel Corporation closed 1 cent lower or 0.17% down at $6.02 on Feb 23.
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Photo: Keppel
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