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Singapore Post ‍Acquired Remaining Ordinary Shares Of Store House Operating Co

Thursday, 30 Nov 2017 05:10am EST

Nov 30 (Reuters) - Singapore Post Ltd ::‍ACQUIRED REMAINING 25 ORDINARY SHARES OF HK$1 EACH OF STORE HOUSE OPERATING CO FROM GARY PHILIP BEADELL FOR HK$1.3 MILLION​.

Xpediator acquires Regional Express Ltd

Monday, 6 Nov 2017 02:38am EST

Nov 6 (Reuters) - XPEDIATOR PLC ::ACQUIRED REGIONAL EXPRESS LTD FOR INITIAL CONSIDERATION PAYABLE ON COMPLETION £1.2M ​.

TASCO updates on acquisition of equity interest in Meriah Selalu

Friday, 3 Nov 2017 05:50am EDT

Nov 3 (Reuters) - TASCO Bhd ::Acquires 100 percent equity interest in Meriah Selalu, for an indicative cash consideration of 15.7 million RGT.

Cosco Shipping International (Singapore) intends to buy entire stake of Cogent Holdings

Friday, 3 Nov 2017 03:38am EDT

Nov 3 (Reuters) - Cosco Shipping International (Singapore) Co Ltd :Intends to make cash offer of S$1.02 per share for entire stake of Cogent Holdings Ltd.

BRIEF-CITIC Offshore Helicopter, CITIC Group Corp end potential transaction (Oct 30)

Wednesday, 1 Nov 2017 04:39am EDT

Repeats Oct 30 Brief to widen distribution:‍Announces termination of potential connected transaction between CITIC Offshore Helicopter Co and CITIC Group Corp.

Nippon Yusen offers takeover bid for shares of Yusen Logistics

Monday, 30 Oct 2017 11:51pm EDT

Oct 31 (Reuters) - Nippon Yusen KK <9101.T>:Says it offered a takeover bid for 17 million shares (or no less than 3 million shares) of Yusen Logistics Co Ltd <<<9370.T>>>, at the price of 1,500 yen per share .Offering period from Nov. 1 to Dec. 14 and payment date on Dec. 21 .Says it will raise voting power in Yusen Logistics Co Ltd to 100 percent from 59.6 percent after transaction .

Xpediator acquires Benfleet Forwarding for 6.55 million stg

Friday, 27 Oct 2017 02:10am EDT

Oct 27 (Reuters) - Xpediator Plc - :Acquired the UK-based international freight forwarder, Benfleet Forwarding Ltd.Initial consideration payable on completion is 6.55 million stg.Consideration comprising 3.95 million stg in cash and 2.6 million stg in new Xpediator ordinary shares.Further consideration of up to 3.9 million stg in cash may also be payable contingent on the future results of benfleet.Cash consideration will be funded from existing resources.Benfleet is a complementary acquisition with immediate cross-selling opportunities and potential cost synergies.Acquisition is expected to be immediately earnings enhancing.Benfleet will continue to be led by Jason Herring.

UPS says to raise rates within, between U.S., Canada & Puerto Rico

Wednesday, 25 Oct 2017 04:30pm EDT

Oct 25 (Reuters) - United Parcel Service Inc ::UPS says to raise rates within and between United States, Canada and Puerto Rico by an average of 4.9 percent, as of Dec. 24.UPS says rate increases apply to UPS ground, ups air and international services, plus UPS air freight rates.UPS says for 2018 peak season, peak surcharges on most residential packages will rise "by a few pennies" compared to 2017.UPS says a new 2018 peak season surcharge of $3.15 will apply to packages that require additional handling.UPS says as of July 8, 2018, surcharge for "large packages" delivered to a residential address will rise to $90 from $80.UPS says will raise additional handling charge for packages over 70 lbs to $19 from $12, as of July 8, 2018.

Sinotrans passes resolution to approve proposed RMB5.45 bln‍​ China Merchants Logistics buy

Monday, 16 Oct 2017 04:34am EDT

Oct 16 (Reuters) - Sinotrans Ltd <0598.HK>:Passed resolution to approve proposed acquisition of equity interest in China Merchants Logistics at aggregate consideration of RMB5.45 billion ‍​.Consideration to be satisfied by issuance of about 1.44 billion domestic shares of co at initial issue price of HK$4.43 each​.

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