CHINA: Universal sells cargo agency business

Figures released by the Kuala Lumpurbased Universal Travel Group announced plans to sell its air cargo agency subsidiary, Shenzhen Speedy Dragon Enterprise Ltd., that it acquired in the second quarter of 2007, to focus on its core business segments with higher profit margins.


higher profit margin plans to sell Shenzhen Speedy Dragon Enterprise Ltd Universal Travel Group


Figures released by the Kuala Lumpurbased Universal Travel Group announced plans to sell its air cargo agency subsidiary, Shenzhen Speedy Dragon Enterprise Ltd., that it acquired in the second quarter of 2007, to focus on its core business segments with higher profit margins.