May 23, 2017 8:38 PM ET

Road and Rail

Company Overview of C&P Holdings Pte Ltd.

Company Overview

C&P Holdings Pte Ltd. provides transportation, logistics, warehousing, car rental, records management, inland ports, chemical storage and management, marine, air cargo, and commodities logistics and collateral management services. It offers transportation services, such as container haulage, general or loose bulk cargo delivery, dangerous goods delivery, chemical storage and management, bonded trucking, local delivery or distribution, project or odd-sized cargo delivery, and heavy lift services; warehousing services, including ad-hoc storage, bonded storage, chemical storage and management, warehouse management, order processing, and other services; and long and short term hire of marine ves...

46 Penjuru Lane

C & P Logistics Hub 1

Singapore,  609206

Singapore

Founded in 1970

Phone:

65 6268 2222

Fax:

65 6264 3253

Key Executives for C&P Holdings Pte Ltd.

Group Managing Director
Compensation as of Fiscal Year 2016.

C&P Holdings Pte Ltd. Key Developments

CWT Confirms Talks With HNA Group

CWT Limited (SGX:C14) in a filing release in Singapore Stock Exchange, confirmed that C&P Holdings Pte Ltd. and its controlling shareholders have entered into exclusive negotiations with a subsidiary of HNA Group Co., Ltd. in relation to a potential transaction with respect to their shareholdings in CWT. CWT further stated that there is no certainty or assurance that such negotiations will result in any definitive agreement or transaction or lead to a consummation of the potential transaction. CWT’s chairman Lok Kai Meng, Director Liao Chung Lik, businessman Lim Soo Seng and their families controlled about 58.9% of CWT's shares as at March 16, 2016, including a 31.9% stake held by C&P Holdings. The families have been looking to sell their stake since July 22, 2015, and have hired Credit Suisse and DBS Bank to advise them.

HNA Reportedly In Talks To Acquire CWT

HNA Group Co., Ltd. is reportedly in talks with C&P Holdings Pte Ltd. buy a controlling stake in CWT Limited (SGX:C14), Thomson Reuters reported citing two people familiar with the deal. The people said that the deal could be around $1 billion. One of the sources said that a deal could be announced as early as next week. C&P Holdings Pte Ltd. owns over 30% of CWT. The negotiations have lasted for months. HNA is likely to enter exclusive negotiations with CWT soon, according to sources close to the matter.

Private Equity Firms Keen On CWT, Sources Say

KKR & Co. L.P. (NYSE:KKR), The Blackstone Group L.P. (NYSE:BX) and Bain Capital, LP have made informal approaches for buying CWT Limited (SGX:C14), people familiar with the matter said, in a deal estimated to value CWT at up to SGD 1.6 billion. The talk of private equity’s interest comes as CWT’s controlling shareholder flagged a potential sale of the business. Shareholders of C&P Holdings Pte Ltd., which has a 32% stake in CWT, were considering a strategic review of C&P’s business and assets, CWT said on August 3, 2015. “The logistics business has decent growth rates and that works nicely for sponsors,” said one person familiar with the matter. “The logistics play is very active lately,” he said. The sources, who declined to be identified due to the sensitivity of the situation, said private equity firms had sounded out CWT’s shareholders but there had been no formal approach yet, reported Reuters. They said companies including Japan Post Holdings Co., Ltd. and Nippon Express Co. Ltd. (TSE:9062) could emerge as other suitors for CWT, Japan Post, Nippon Express, KKR, Blackstone, Bain Capital and CWT declined to comment, reported by Reuters.

Similar Private Companies By Industry

Company Name Region
C&P Holdings Pte Ltd. Asia
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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 9, 2017
CWT Limited
 

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