Source:
https://scmp.com/business/companies/article/1376299/kerry-logistics-share-offer-draws-strong-interest
Business/ Companies

Kerry Logistics share offer draws strong interest

Logistics firm is expected to benefit from Shanghai's services push in the free-trade zone

George Yeo

The international tranche of Kerry Logistics Network's HK$2.2 billion initial public offering is three times oversubscribed, according to market sources.

Two national sovereign funds in Southeast Asia, including Singapore's GIC, are among the investors.