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Global Logistic Properties Ltd (GLPL.SI)

GLPL.SI on Stock Exchange of Singapore

3.29SGD
20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Global Logistic Properties completes JPY51.6 bln sale of properties in japan
Friday, 1 Sep 2017 02:11am EDT 

Sept 1 (Reuters) - Global Logistic Properties Limited :Sale Of Properties In Japan - Completion .GLP has today completed sale of four properties in Japan for JPY51.6 billion.  Full Article

Global Logistic Properties signs agreement to sell four Japan Properties
Tuesday, 29 Aug 2017 02:27am EDT 

Aug 29 (Reuters) - Global Logistic Properties Ltd :GLP signs agreement to sell four Japan properties for JPY51.6 billion .‍Expects to receive net sale proceeds of US$266 million​.  Full Article

Global Logistic Properties says ‍clf2 Singapore acquired Hallmark International Investment ​
Tuesday, 22 Aug 2017 06:06am EDT 

Aug 22 (Reuters) - Global Logistic Properties Ltd -:‍clf2 singapore pte has acquired hallmark international investment limited​.Deal for about us$121.6 million.Global logistic properties-acquisition is not expected to have any material impact on net tangible asset value & eps of co for fy ending 31 march 2018.  Full Article

Global Logistic Properties posts quarterly PATMI of US$144.198​ million
Monday, 7 Aug 2017 06:48pm EDT 

Aug 8 (Reuters) - Global Logistic Properties Ltd :Qtrly PATMI US$ ‍144.198​ million versus US$202.9 million.Qtrly revenue US$261.8 million versus US$206.6 million a year ago."Expects to meet FY18 global development targets of US$2.2 billion of development starts and US$1.7 billion of development completions".Of view that proposed privatization scheme announced on July 14 is superior and value-enhancing for all shareholders​.Scheme consideration of S$3.38/share will not be reduced by FY17 dividend of S$0.06/share, to will be paid on 22 Aug.  Full Article

Global Logistic Properties ‍updates on further syndication of stake​ in GLP US Income Partners III
Monday, 7 Aug 2017 06:48pm EDT 

Aug 8 (Reuters) - Global Logistic Properties Ltd ::Updates on further syndication of stake​ in GLP US Income Partners III.Upon completion of further syndication, interest of new harvest in fund and fund's subsidiaries reduced from about 45.9 pct to 8.0 pct​.  Full Article

Global Logistic Properties names Evercore Asia as financial adviser
Wednesday, 2 Aug 2017 05:28am EDT 

Aug 2 (Reuters) - Global Logistic Properties Ltd ::Independent directors have appointed Evercore Asia (Singapore) Pte. Ltd as independent financial adviser to replace ANZ.Updates on proposed acquisition by Nesta Investment of co.Securities Industry Council of Singapore (SIC) indicated it did not consider ANZ'S corporate advisory division independent.Company does not expect any impact on timeline of deal due to appointment of Evercore.  Full Article

Global Logistic Properties announces appointment of independent financial adviser
Monday, 24 Jul 2017 06:43am EDT 

July 24 (Reuters) - Global Logistic Properties Ltd :Refers to joint announcement made on 14 July 2017 by company and Nesta Investment Holdings Limited.ANZ Banking Group, Singapore branch has been appointed as independent financial adviser for the transaction.Refers to proposed acquisition by Nesta Investment of all issued ordinary shares in capital of Global Logistic Properties.  Full Article

Global Logistic Properties says Bank Of America Corp raised deemed interest in Co
Wednesday, 19 Jul 2017 05:36am EDT 

July 19 (Reuters) - Global Logistic Properties :Says Bank Of America Corp increased deemed interest in Co to 11.22 percent from 10.99 percent.  Full Article

Global Logistic Properties signed an 83,000 square meter build-to-suit agreement
Monday, 17 Jul 2017 07:00pm EDT 

July 18 (Reuters) - Global Logistic Properties Ltd :signed an 83,000 square meter build-to-suit agreement with Adidas to develop their largest distribution center in Asia.  Full Article

Global Logistic Properties says Elliott Capital Advisors raised deemed interest in Co
Friday, 14 Jul 2017 05:36am EDT 

July 14 (Reuters) - Global Logistic Properties Ltd :Says Elliott Capital Advisors, L.P. increased deemed interest in co to 6.433 percent from 5.864 percent.  Full Article

BRIEF-Global Logistic Properties completes JPY51.6 bln sale of properties in japan

* GLP has today completed sale of four properties in Japan for JPY51.6 billion Source text for Eikon: Further company coverage: