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Westminster Travel Ltd To Merge Entire Business With Corporate Travel Management Ltd

Friday, 22 Nov 2013 01:11am EST 

Westminster Travel Ltd announced that it has announced on November 19, 2013 that its entire business will be merged with Corporate Travel Management Ltd (CTM)Under the agreement, CTM will acquire 75.1% of the business, with the two current controlling shareholders, Dato’ WONG Sin Just and Mr YU Kam Kee Lawrence, retaining 24.9%, and remaining active in the business following completion. All transactions are expected to be completed by January 31, 2014. 

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