logistics

Mapletree acquires site for logistics development near New Jersey Turnpike - THE EDGE SINGAPORE

Property

Mapletree acquires site for logistics development near New Jersey Turnpike

Mapletree acquires site in New Jersey for logistics development, showing commitment to expand in US

Asean

Philippines seeks Asia logistics hub status, banking on US ties

'An economically strong Philippines will be a valuable ally in the region'

Company in the news

Chasen flags FY2024 loss as logistics property is being rebuilt

Chasen's $67.4 mil sale of regional logistics assets to Kuehne + Nagel is pending completion

M&A

Chasen confirms sale of regional operating units to Kuehne+Nagel for $67.4 million

On a pro forma basis, Chasen's NTA as at March 31 2023 would be 25.49 cents per share, versus the actual 15.4 cents reported

Digital Economy

The power of on-demand delivery services to support SMEs in every mile

On-demand delivery enables a seamless journey from business to doorstep, which helps with customer satisfaction.

Company in the news

Chasen Holdings to sell stake in subsidiaries for $67.4 million

On Sept 22, the company held the ground-breaking of a new $78 million facility in Singapore

Transport

Shipping shifts from jackpot to job cuts after US$364 billion boom

'I'm certainly concerned about the next 24 to 36 months'
GLP Loses Last Investment-Grade Rating From S&P as Asset Sales Drag on - THE EDGE SINGAPORE

Property

GLP loses last investment-grade rating from S&P as asset sales drag on

GLP stripped of investment grade rating by S&P on slow asset monetisation
Alibaba's logistics arm files for US$1 billion-plus IPO - THE EDGE SINGAPORE

IPO

Alibaba's logistics arm files for US$1 billion-plus IPO

The Hong Kong exchange confirmed that the company can proceed with its proposed Cainiao spinoff and IPO

Global Markets

J&T Express IPO could dance to TikTok's tune

J&T Express may be the opportunity that investors should dance to
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