GLP today delisted from the Singapore Exchange, marking the completion of its privatization process. In connection with the delisting, the company's name will change to GLP Pte Ltd.
The delisting from the Singapore Exchange completes a process that began last summer when GLP agreed to a takeover by a consortium including an entity controlled by CEO Ming Mei.
Three Industry Leaders Expand 69,000 sqm (743,000 sq ft) with GLP In China
GLP has signed leases totaling 69,000 square meters (“sqm”) (743,000 square feet (“sq ft”)) with three industry leaders in China: JD.com, Best Logistics and STO Express.