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Yang Kee Logistics to buy NZ peer Fliway for S$52.1m

Published Thu, Oct 26, 2017 · 09:50 PM

Singapore

SINGAPORE'S Yang Kee Logistics has entered into an agreement to purchase New Zealand-listed logistics firm Fliway Group for S$52.1 million.

Under the agreement, Yang Kee will buy all outstanding shares in Fliway for NZ$1.22 per share in cash. Among other things, the scheme is conditional on the approval of Fliway's shareholders and the High Court.

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Companies & Markets

Companies & Markets

Yang Kee Logistics to buy NZ peer Fliway for S$52.1m

Companies & Markets

F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses

Exxon misses on Q1 profit despite big gains in Guyana

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

Chevron's quarterly profit beats estimates

EU toughens rules on Chinese fashion retailer Shein

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