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.
GLP Pre-Leases 35,000 sqm (377,000 sq ft) in China to Haier Logistics
GLP has signed a pre-lease agreement with Qingdao Haier Logistics Co., Ltd. for 35,000 sqm (377,000 sq ft) at GLP Park Liantang in Shanghai, Eastern China.
GLP Extends Cooperation with COFCO To Lease 30,000 sqm (323,000 sq ft) in China
GLP has signed a lease agreement of approximately 30,000 sqm (323,000 sq ft) with Womai.com, the B2C e-commerce platform of COFCO, China’s largest food processing, manufacturing and trading company.