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International-Logistics: Kerry Logistics sells warehousing interests in move to shed assets

International-Logistics: Kerry Logistics sells warehousing interests in move to shed assets
joc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from joc.com Daily Mail and Mail on Sunday newspapers.

Hong Kong , Kerry Holdings , Kerry Logistics , ஹாங் காங் , கெர்ரி ஹோல்டிங்ஸ் , கெர்ரி தளவாடங்கள் ,

Kerry Logistics Network Posts 30% Growth in Revenue　Core Net Profit Increased by 33%

Kerry Logistics Network Posts 30% Growth in Revenue　Core Net Profit Increased by 33%
livenews.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livenews.co.nz Daily Mail and Mail on Sunday newspapers.

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S.F. Holding and Kerry Logistics Network Announce Strategic Investment and Cooperation | Taiwan News

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 ....

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S.F. Holding and Kerry Logistics Network Announce Strategic Investment and Cooperation

Source: Media Outreach
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 Offer, Kerry Logistics Network’s warehouse assets in Hong Kong will be disposed of to a wholly-owned subsidiary of Kerry Holdings Limited to unlock its shareholder value, and for the Company to operate under an asset-lighte ....

Hong Kong , Kerry Holdings , Sf Holding , Kerry Tj Logistics Company , Kerry Logistics Network Limited , Taiwan Stock Exchange Kerry Tj Logistics , Hong Kong Stock Exchange , Kerry Group , Kerry Logistics Network , Sf Holding Co Ltd , Sf Holding , Media Outreach , Stock Code , Partial Offer , Kerry Holdings Limited , Company Limited , Taiwan Stock Exchange , Special General Meeting , Greater China , Mainland China , ஹாங் காங் , கெர்ரி ஹோல்டிங்ஸ் , எஸ் எப் வைத்திருத்தல் , கெர்ரி ஜ் தளவாடங்கள் நிறுவனம் , கெர்ரி தளவாடங்கள் வலைப்பின்னல் வரையறுக்கப்பட்டவை , டைவாந் ஸ்டாக் பரிமாற்றம் கெர்ரி ஜ் தளவாடங்கள் ,

Kerry Logistics to become S.F.'s international arm

Feb 10, 2021 | E-Commerce, Parcel |
Chinese logistics giant S.F. Holding Co has offered to buy a 51.8% stake in Hong Kong-listed Kerry Logistics Networks Ltd, it said in an exchange filing on Tuesday, reports Reuters.
The offer, at HK$18.8 ($2.43) per share and valuing the total transaction at HK$17.6 billion, will be conducted by S.F. Holding unit Flourish Harmony Holdings Co Ltd, it said in the filing. The price represents a 19.83% discount to the stock’s last close of HK$23.45 on Feb.4, prior to a trading halt.
Kerry Logistics Networks will retain its listing on the Hong Kong stock exchange upon completion of the deal, S.F. Holding said, although the public float would be reduced to 15% of the company from 25%. ....

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