Logistics
China’s JD Logistics takes full ownership of Kuayue-Express with 6.48 billion yuan stake buy
CHINA’S JD Logistics will acquire the 36.43 per cent stake it does not already own in Kuayue-Express Group for not more than 6.48 billion yuan (S$1.2 billion) to further...
CapitaLand Malaysia Trust to acquire Selangor logistics property for RM180 million
CAPITALAND Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, has entered into a sale-and-purchase agreement to acquire a freehold automated logistics property in Selangor, Malaysia, for RM180 million (S$54.2...
Logistics provider GLP is considering a Hong Kong listing in 2025
Logistics company GLP is considering a Hong Kong listing that could happen as early as next year, eight years after the Singapore-incorporated firm was taken private by an investor...
Stocks to watch: Mapletree Logistics Trust, DBS, First Sponsor, IReit Global
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 28):Mapletree Logistics Trust (MLT): The real estate investment trust divested two warehouse properties...
Mapletree Logistics Trust divests two warehouse properties in Japan for S$37.5 million
MAPLETREE Logistics Trust (MLT) has completed the divestment of two warehouse properties in Japan for 4.25 billion Japanese yen (S$37.5 million).Its manager said on Wednesday (Nov 27) that MLT’s...
CapitaLand Ascendas Reit to develop logistics property in US for S$94.8 million
CAPITALAND Ascendas Reit (Clar) will acquire a parcel of land in the US, and develop it into a new logistics property at an estimated total investment cost of about...
JTC in S$46.2 million buyback of Mercedes-Benz’ logistics property in Tuas
The luxe carmaker’s offer to give up the balance lease on site is seen as the result of its opening of a parts logistics centre in JohorMERCEDES-BENZ Singapore is...
Stocks to watch: UOB, OCBC, Sats, Far East Orchard, Daiwa House Logistics Trust
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 8):
