SINGAPORE (Aug 13): Logistics management company Chasen Holdings is mulling a separate listing of at least one of its subsidiaries in a bid to improve value for shareholders. Despite a recent improvement in earnings, Chasen shares are trading at a price-to-earnings ratio of just over five times. Chasen is also trading at just 0.4 times its book value of 18.3 cents.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

SUBSCRIBE NOW