Controlling shareholders sell $136 million of Cleanaway shares

The Taiwan deal comes on the back of reverse inquiries and follows a block trade in Malaysia Airports and a follow-on by CapitaMall Trust mid-last week.

Controlling shareholders sell $136 million of Cleanaway shares

The controlling shareholders of Cleanaway, a Taiwanese company specialising in treatment and disposal of hazardous and non-hazardous industrial waste as well as the cleaning up of contaminated sites, have sold NT$4 billion $136 million worth of shares in the company.

It was the first time that chairman Yang Ching-Hsiang and his family reduced their stake since the company listed on the Taiwan Stock Exchange in October 2011. According to sources, the deal was prompted...

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