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Global Logistic Properties Ltd (GLPL.SI)

GLPL.SI on Stock Exchange of Singapore

3.36SGD
18 Dec 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$3.36
Open
$3.37
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$3.36
Volume
1,277,600
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$3.37
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$2.20

Latest Key Developments (Source: Significant Developments)

Global Logistic Properties updates on ‍Proposed Acquisition Of Company By Nesta Investment Holdings
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Global Logistic Properties Ltd ::‍PROPOSED ACQUISITION OF COMPANY BY NESTA INVESTMENT HOLDINGS HAS BEEN SANCTIONED BY COURT​.LAST DAY OF TRADING OF SHARES WILL BE ON 4 JAN 2018 AND TRADING WILL BE SUSPENDED ON AND FROM 9.00 A.M. ON 5 JAN 2018.  Full Article

Global Logistic Properties Says ‍Shareholders Approved Privatisation
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Global Logistic Properties Ltd ::‍SHAREHOLDERS APPROVED PROPOSED PRIVATISATION OF CO BY NESTA INVESTMENT HOLDINGS.  Full Article

Global Logistic Properties appoints ‍kaz Tsutsumi as chief financial officer​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Global Logistic Properties Ltd :‍Kaz Tsutsumi has been appointed chief financial officer​.  Full Article

Global Logistic properties posts qtrly PATMI of $‍231.3​ million
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Global Logistic Properties Ltd :Qtrly PATMI $‍231.3​ million versus $173.1 million.Qtrly revenue $‍281.7​ million versus $213.7 million.  Full Article

Global Logistic Properties says unit bought additional 10 pct stake in Tompkins International
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Global Logistic Properties Ltd ::Unit bought additional 10 percent stake in Tompkins International, LLC for US$25 million​.Acquisition is not expected to have any material impact on EPS of co for financial year ending 31 March 2018​.  Full Article

Global Logistic Properties says GLP China to issue RMB1.0 bln of Panda bonds​
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Global Logistic Properties Ltd :‍GLP china to issue RMB1.0 billion of panda bonds via China's interbank market​.‍Bonds have 5-year tenure & carry an annual coupon of 4.99 percent​.  Full Article

Global Logistic Properties says ‍unit acquires interest in Minima (Beijing) Technology
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Global Logistic Properties Ltd ::‍Unit acquired 30% interest in Minima (Beijing) Technology Co., Ltd. via subscription of equity interest for RMB9 million​.  Full Article

Global Logistic Properties to buy properties in Europe for EUR2.4 bln
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Global Logistic Properties Ltd ::Acquisition of properties in Europe.Purchase price for target portfolio is approximately EUR 2.4 billion.‍Co will, through indirectly wholly-owned subsidiaries, acquire Gazeley​.Transaction expected to be funded by about US$1.6 billion of equity and US$1.2 billion of long-term, low-cost debt.  Full Article

Nesta Investment confirms support to Global Logistic Properties's acquisition of properties in Europe
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Nesta Investment Holdings Ltd- :Confirmed support to Global Logistic Properties (glpl) in relation‍​ to Glpl's acquisition of properties in Europe.Does not expect acquisition to have any impact on timeline of takeover scheme for Global Logistic Properties.  Full Article

Global Logistic Properties says received proposals from shortlisted bidders
Monday, 3 Jul 2017 

July 3 (Reuters) - Global Logistic Properties Limited :Has on 30 June 2017 received firm proposals from shortlisted bidders for final evaluation.Reiterates that there remains no certainty that any definitive transaction will materialize​.Special committee is conducting independent review of all terms of proposals in consultation with co's external advisers.  Full Article

Fitch Places Global Logistic Properties' 'BBB+' Ratings on Watch Negative

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, December 15 (Fitch) Fitch Ratings has placed Global Logistic Properties Limited's (GLP) 'BBB+' Long-Term Foreign-Currency Issuer Default Rating (IDR), its senior unsecured rating and rating of all its outstanding bonds on Rating Watch Negative (RWN). A full list of rating actions is at the end of this commentary. GLP's ratings have been placed on RWN pending a review of GLP's operational and financing plan after its