| Latest Forum Topics / Global Logistic |
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Venturing into Cement Business
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Integrity
Elite |
05-Jan-2017 15:33
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http://www.wsj.com/articles/global-logistic-properties-seeks-buyers-1483598710 SINGAPORE&mdash   Global Logistic Properties  Ltd., a warehousing company with a market capitalization of about $7.5 billion, is seeking bidders for a possible acquisition, three people familiar with the matter said Thursday. GLP is the second-largest operator of warehouses in the U.S. The move toward a potential sale was triggered by a request for a strategic review of the company&rsquo s options by GLP&rsquo s biggest shareholder, Singapore sovereign-wealth fund GIC Pte. Ltd. GIC owns 37% of GLP. GLP tapped J.P. Morgan Chase & Co. to conduct the review. Potential bidders are supposed to express their interest by early February, one of the people familiar with the matter said. The people said the process is at an early stage and a deal may or may not happen. GLP declined to comment. GLP has grown into one of the world&rsquo s largest logistics companies through a series of acquisitions, with backing from GIC and other institutional investors. Demand for sophisticated logistics operations has grown due to the global expansion of e-commerce. GLP has targeted the U.S. and China, the two biggest online-shopping markets, for its expansion. The company manages logistics assets worth nearly $40 billion in the U.S., China, Japan, and Brazil. |
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FATABA
Supreme |
05-Jan-2017 15:10
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I sold a small partial in GLP ....eaten by CS and ML....big guns are buying at above 2,30. I advise those who are holding to await for the news ....must be something cooking. Good luck and hope a bigger CNY angpow on its way .
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Integrity
Elite |
05-Jan-2017 15:10
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CIC submitted their offer price? |
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TanSiBeiKu
Senior |
05-Jan-2017 15:09
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Seeking bidders for acquistion according to WSJ. Good news to shareholders. | ||||
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FATABA
Supreme |
05-Jan-2017 15:07
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  Should be a good re-value / report out . Halt at the high of 2.40 ....total 33M shares traded. : )) Happy investing. Angpow coming.  
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investshare
Supreme |
05-Jan-2017 15:00
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wah, both UE and GLP halted!! I have a bit in UE, more in GLP :) hope good news. 
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Integrity
Elite |
05-Jan-2017 15:00
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Halted | ||||
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mrwise
Supreme |
05-Jan-2017 14:59
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Hopefully it is a double HAPPINESS for both GLP and United Engineers! :))))
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Hei123
Senior |
05-Jan-2017 14:58
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Halt |
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sun233
Elite |
05-Jan-2017 14:56
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SGX query..............AS usual. A lot of wayang. Still holding dunno whether to sell or not.   |
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newbie24
Veteran |
05-Jan-2017 14:52
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Finally my turn to claim my new year Ang pow!! Congrats all vested :) | ||||
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FATABA
Supreme |
05-Jan-2017 14:43
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FYI ....I so small vol and buyers are LARGE Credit S and ML ....so why are they still buying at above this 2.30 and above ...KEEP  
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mrwise
Supreme |
05-Jan-2017 14:40
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:)  Hope there is a  buyout  at $3 and above... |
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Integrity
Elite |
05-Jan-2017 14:37
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Suspect news leak on buy out offer. |
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anonymoustrader
Member |
05-Jan-2017 14:34
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Buy out offer coming? |
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investshare
Supreme |
05-Jan-2017 14:33
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kena query liao, later halted like UE?? |
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investshare
Supreme |
05-Jan-2017 14:32
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now suddenly ppl see it?? :)
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lglg666
Supreme |
05-Jan-2017 14:32
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Power.....wake up like clockwork lol☝ ️ ️ Swee Swee
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Hei123
Senior |
05-Jan-2017 14:30
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Yea! See if the post works! Test
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lynmin0197
Senior |
05-Jan-2017 14:30
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Ya I  was shocked, keep hovering 2.23 an 2.24 |
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