Cosco's takeover bid for SG's Cogent hits 90% mark

Cosco's takeover bid for SG's Cogent hits 90% mark

Stacked containers, the Port of Le Havre, Seine Maritime, France, Thursday, November 1, 2006. Photographer: Andrew Wheeler/Bloomberg News

Beijing-headquartered Cosco Shipping International (Singapore) has hit the 90 per cent mark for compulsory acquisition for its S$1.02-a-share offer for Singapore-listed logistics management service provider Cogent Holdings (CHL).

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