Financial News
Written by: Zhang Weilun
2020-08-26 08:45
Last update date: 2020-08-26 08:51Kerry Logistics (0636) has made new progress regarding the spin-off of its Thai business and its listing in Thailand. The company stated in the announcement that on August 25 (Tuesday) Kerry Thailand received a notice from the Thai Securities Exchange regarding the proposal to spin-off and apply for the issuance and offer of ordinary shares. The Thai filing documents can be found on the Thai Securities Exchange website. View and download.
The company also pointed out that the proposed spin-off is subject to the approval of the Global Offering from the Thai Securities Exchange, the approval of the Thai Stock Exchange, market conditions and other factors.
Kerry Logistics' dividend policy remains unchanged and will never withdraw from the Chinese market
Kerry Logistics: It has applied for the spin-off of the Thai express business and plans to distribute special interest after the listing in Thailand is completed
Kerry Logistics spin-off and listing of new shares
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