BALtrans Holdings

Hong Kong-based freight forwarder BALtrans Holdings executive chairman Anthony Lau said some of its shareholders are in preliminary talks with interested third parties to sell a controlling stake in the company, WorldACD reported. In September, the company began assessing proposals to sell a controlling stake amid plans by founder and executive chairman Lau to retire.


Hong Kong-based freight forwarder BALtrans Holdings executive chairman Anthony Lau said some of its shareholders are in preliminary talks with interested third parties to sell a controlling stake in the company, WorldACD reported. In September, the company began assessing proposals to sell a controlling stake amid plans by founder and executive chairman Lau to retire.