Brief: S.F. To Spin Off Express Delivery Unit For Hong Kong Float

KLN Logistics

28/05/2021 13:28

May 28 (Reuters) - S.F. Holding Co Ltd  002352.SZ :
    * SAYS UNIT FLOURISH HARMONY OFFERS TO BUY 931.2 MILLION
SHARES IN
KERRY LOGISTICS NETWORK LTD  0636.HK  BY CASH
    * SAYS ESTIMATED TOTAL COST FOR SHARE PURCHASE IS HK$17.6
BILLION
    * SAYS IT PLANS TO SPIN OFF EXPRESS DELIVERY UNIT FOR HONG
KONG
FLOAT

Source text in Chinese: https://bit.ly/3yKvL5P ;
https://bit.ly/3bZZJck
Further company coverage:  002352.SZ 

 (Reporting by Hong Kong newsroom)
 ((meg.shen@thomsonreuters.com; 852-39525805;))