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Shun Tak exits JHK jv

JETSTAR Hong Kong’s fate has been all but sealed after third and final investor Shun Tak Holdings walked away from the venture. “After reviewing the decision and potential course of actions, the group has resolved not to further invest in the business of JHK and proposed to terminate its establishment and proceed with its winding-up,” Shun Tak said in a stock exchange update on Tue. Joint venture partners China Eastern and Qantas pulled the pin on the carrier earlier ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 27 Aug 15

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