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About Kerry Logistics Network Limited (Stock Code 0636.HK)
Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), industrial project logistics, to cross-border e-commerce, last-mile fulfilment and infrastructure investment.
With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.
2021/02/10 10:15 HONG KONG
SAR - Media
OutReach - 10 February 2021 -
S.F. Holding Co., Ltd. ( S.F. Holding ; Stock Code 002352.SZ) and Kerry
Logistics Network Limited ( Kerry Logistics Network or the Company ; Stock Code 0636.HK) are pleased to announce the proposed
strategic investment and cooperation between the two companies. Subject
to satisfaction of certain pre-conditions, the Offeror, being an indirect wholly-owned
subsidiary of S.F. Holding, will make a Partial Offer to obtain 931,209,117 ordinary shares of Kerry
Logistics Network, representing approximately a 51.5% stake (on a fully-diluted
basis) of the
Company at a cash
offer price of HK$18.80 per share (the Partial Offer ). In conjunction with the Partial