HK's NWS said to mull sale of public transport business for $300m

HK's NWS said to mull sale of public transport business for $300m

Photo: Pixabay

NWS Holdings Ltd, the infrastructure arm of New World Development Co. controlled by Hong Kong’s billionaire Cheng family, is considering a sale of its public transport business in Hong Kong for about $300 million, people with knowledge of the matter said.

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