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CWT takes up 35% stake in trade finance services provider

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CWT says it has through its investment holding arm, CWT International, invested in Westford Trade Services to provide trade finance services.

CWT says the investment will strengthen its commodity logistics capabilities and extend its network in the business. CWTI will take up a 35% stake in Westford Trade Services by injecting US$2 million ($2.78 million) towards the issued share capital of Westford Trade Services.

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