Brief: Kerry Logistics Network Proposes To Issue Convertible Securities In Aggregate Principal Amount Of Up To Hk$780 Million
28/03/2023 11:48
March 28 (Reuters) - Kerry Logistics Network Ltd
0636.HK :
* PROPOSING TO ISSUE CERTAIN CONVERTIBLE SECURITIES IN
AGGREGATE
PRINCIPAL AMOUNT OF UP TO HK$780 MILLION
* INTENDS TO USE NET PROCEEDS FROM PROPOSED ISSUE FOR
EXPANSION OF
INTERNATIONAL EXPRESS DELIVERY BUSINESS IN SOUTHEAST ASIA
Further company coverage: 0636.HK
(Reporting by Archishma Iyer)
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