logistics

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

News

Splitting up an empire: Here are Alibaba's six main businesses

Alibaba Group Holding Ltd. is splitting its US$220 billion empire into six business units as part of a massive restructuring.
Cosco forms joint venture with related entity to invest in logistics infrastructure assets - THE EDGE SINGAPORE

Company in the news

Cosco forms joint venture with related entity to invest in logistics infrastructure assets

The Singapore-listed Cosco plans to focus more on logistics and has reduced its exposure to shipping
ESR Group receives initial go-ahead for IPO of C-REIT - THE EDGE SINGAPORE

IPO

ESR Group receives initial go-ahead for IPO of C-REIT

ESR Group receives confirmation from Hong Kong Exchange to proceed with IPO of C-REIT on Shanghai Stock Exchange
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