Brief: Kerry Logistics Network says unit entered in share purchase agreement

KLN Logistics

19/03/2017 23:59

March 20 (Reuters) - Kerry Logistics Network Ltd  0636.HK : 
    * Disposal Of Shares In Asia Airfreight Terminal Company 
Limited 
    * Deal for hk$375 million 
    * Company expects to recognize a gain from disposal 
    * Torres (unit of company), among other independent third 
parties, entered into share purchase agreement with purchaser 
    * Purchaser agreed to purchase, inter alia, 54 million 
shares from torres 
    * Holistic capital investment ltd is the purchaser 
 
Source text for Eikon:  ID:nHKSbLrKS2  
Further company coverage:  0636.HK  
 
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