HNA Holding Group, the Hong Kong-listed unit of the eponymous acquisitive Chinese conglomerate with a complex ownership structure, is planning to remove any trace of its parent from its name.
In a weekend filing to the Hong Kong stock exchange, the Hong Kong subsidiary of HNA Holdings proposed changing its name to CWT International Limited – that of the Singaporean logistics company it acquired in November.
HNA Holding Group said its board believes the change “will better reflect and align with the business and development strategy of the Group.”
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