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Global Logistic Properties Ltd (GLPL.SI)

GLPL.SI on Stock Exchange of Singapore

2.85SGD
21 Apr 2017
Change (% chg)

$0.01 (+0.35%)
Prev Close
$2.84
Open
$2.85
Day's High
$2.86
Day's Low
$2.83
Volume
22,058,200
Avg. Vol
16,053,471
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$2.89
52-wk Low
$1.72

Latest Key Developments (Source: Significant Developments)

Global Logistic Properties updates on strategic review
Thursday, 30 Mar 2017 05:09am EDT 

Global Logistic Properties Limited : Update On Strategic Review . special committee remains in discussions with such parties and that these parties have commenced due diligence on company. . wishes to re-emphasise that all terms of proposals received (including price) are non-binding . company wishes to remind all shareholders of company to refrain from taking any action in respect of their shares or other securities of company . Company wishes to update that special committee remains in discussions with such parties .There is no certainty that any definitive transaction will materialise from, or that any offer will be made.  Full Article

Global Logistic Properties unit acquired remaining 50% interest in GLP-MC Wuhan Logistics Property Development
Friday, 10 Mar 2017 04:54am EST 

Global Logistic Properties Ltd : Unit has acquired remaining 50% interest in GLP-MC Wuhan Logistics Property Development Pte. Ltd . Deal for a cash consideration of RMB41.3 million .Acquisition not expected to have any material impact on net tangible asset value and earnings per share of company.  Full Article

Singapore Exchange issues query regarding trading activity on Global Logistic Properties Ltd
Wednesday, 8 Mar 2017 03:28am EST 

Singapore Exchange:Singapore Exchange issues query regarding trading activity on Global Logistic Properties Ltd.  Full Article

Global logistic properties limited provides update on strategic review
Monday, 27 Feb 2017 04:30am EST 

Global Logistic Properties Limited : Update on strategic review . Special committee has evaluated various non-binding proposals received . "Special committee is in discussions with several parties whom it has shortlisted" .Refers to co's announcements in relation to independent strategic review of options available for its business.  Full Article

Global Logistic Properties signs leases with service providers in China
Monday, 20 Feb 2017 07:34pm EST 

Global Logistic Properties Limited :Glp Signs 106,000 Sqm (1.1m Sq Ft) Of Leases With 3pl service providers in China.  Full Article

Global Logistic Properties signs leases with service providers in China
Monday, 20 Feb 2017 06:21pm EST 

Global Logistic Properties Limited :Glp Signs 106,000 Sqm (1.1m Sq Ft) Of Leases With 3pl service providers in China.  Full Article

Global Logistic Properties says acquired Shanghai Jingxi Business Consulting for RMB350 mln
Monday, 20 Feb 2017 05:18am EST 

Global Logistic Properties Ltd : acquired a 100.0% interest in Shanghai Jingxi Business Consulting for a cash consideration of rmb350 million . group now, through Shanghai Jingxi and other units, holds an aggregate of 45.6% interest in Beijing Capital Farm Ltd Co .transactions are not expected to have any material impact on eps of company for financial year ending 31 march 2017.  Full Article

Global Logistic Properties posts qtrly profit attributable of $170.7 mln
Wednesday, 8 Feb 2017 05:45pm EST 

Global Logistic Properties Ltd : Qtrly revenue $232.5 million versus $198.9 million . Qtrly profit attributable (PATMI) $170.718 million versus $184.2 million . "No dividend has been declared or recommended in current reporting period" . Remains on track to record US$200 million of development profit in FY17 ."GLP remains positive on medium to long term outlook for China".  Full Article

Global Logistic Properties updates in relation to strategic review
Friday, 3 Feb 2017 04:30am EST 

Global Logistic Properties Ltd : Received various non-binding proposals from a number of parties in connection with strategic review . "No definitive transaction has been entered into by company with any party " . Special committee which was constituted to oversee strategic review will be evaluating such proposals . Ming Z. Mei, CEO has an interest in one of parties which has submitted a non-binding proposal to company .CEO Mei had recused himself from all board discussions and decisions relating to strategic review.  Full Article

Global Logistic Properties expands footprint in U.S.
Wednesday, 1 Feb 2017 06:00am EST 

Global Logistic Properties Limited : Acquires 448,000 Sq Ft (42,000 Sqm) Through Two Transactions In Chicago .deal for us$33 million.  Full Article

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