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Passenger Transportation, Ground & Sea

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United Transport and Logistics Company Forms UTLC Eurasian Rail Alliance

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Transcontainer ::SAYS UNITED TRANSPORT AND LOGISTICS COMPANY (UTLC) DECIDES TO SPIN OFF UTLC – EURASIAN RAIL ALLIANCE (UTLC ERA), UTCL LOGISTICS AND UTLC FINANCE.UTLC ERA TO BE OWNED ON PARITY BASIS (33.33% SHARES) BY RUSSIA, KAZAKHSTAN AND BELORUSSIA - RUSSIAN RAILWAYS.UTLC ERA TO BE FORMED ON 'NO ASSETS' MODEL - RUSSIAN RAILWAYS.UTLC ERA SHARE CAPITAL TO AMOUNT TO RUB 98.127 BILLION - RUSSIAN RAILWAYS.UTLC ERA WILL CARRY OUT UTLC'S MAIN ACTIVITY ON CARGO TRANSIT IN THE TERRITORIES OF THE COUNTRIES PARTICIPATING IN THE PROJECT.

Barloworld Considering Options For Groups' Vehicle Leasing Assets

Thursday, 7 Dec 2017

Dec 7 (Reuters) - Barloworld Ltd ::BARLOWORLD LTD - VARIOUS OPTIONS ARE CURRENTLY UNDER CONSIDERATION IN RELATION TO GROUPS' VEHICLE LEASING.BARLOWORLD LTD - BY FUNDING THESE VEHICLE LEASING ASSETS MORE EFFECTIVELY IT WILL ENHANCE ITS OVERALL RETURN ON CAPITAL.BARLOWORLD LTD - BOARD HAS NOT TAKEN ANY DECISIONS IN THIS REGARD.

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