The Limited Times

Now you can see non-English news...

Kerry Logistics: Spin-off of Thailand business has been approved by the Thai Stock Exchange

2020-12-01T23:34:07.416Z

Kerry Logistics (0636) has made new developments in the spin-off of Kerry Express Thailand (KETH). The company pointed out that the Thailand Securities Exchange had approved the application for the initial public offering of KETH shares on December 1, 2020



Financial News

Written by: Zhang Weilun

2020-12-01 21:00

Last update date: 2020-12-01 21:00

Kerry Logistics (0636) has made new developments in the spin-off of Kerry Express Thailand (KETH).

The company pointed out that the Thailand Securities Exchange had approved the application for the initial public offering of KETH shares on December 1, 2020, and announced that the Thai filing took effect. It is expected that the proposed spin-off will be completed within December 2020.

As the proposed spin-off is subject to market conditions, approvals from the Thai Stock Exchange, and other factors, shareholders and potential investors should note that there is no guarantee that the proposed spin-off will take place, and if it does, there is no guarantee when it will take place.

The company pointed out that shareholders and potential investors should exercise caution when buying and selling shares.

Kerry Logistics expects global supply chain chaos in the next 18 months to be an unprecedented opportunity for the company

Kerry Logistics: The Thailand Stock Exchange has accepted the spin-off plan for the listing of the Thai business

Kerry Logistics makes 62% less profit in half a year, increases dividend by 20% to 11 sen

Spin-off and listing of Kerry Logistics

Source: hk1

All news articles on 2020-12-01

You may like

Trends 24h

Latest

© Communities 2019 - Privacy