GLP

LOGISTICS company GLP is seeking to list its China business in an initial public offering (IPO) next year, said its backer Hopu Investment Management.

The funds will be used to bolster the company’s presence in logistics, digital infrastructure, and renewable energy

[SINGAPORE] Logistics company GLP said on Tuesday (Aug 26) it had secured an investment of 2.5 billion yuan (S$449.5 million) from Zhejiang government-backed investors to expand its China data centre ...

[SINGAPORE] Singapore-based GLP has successfully wrapped up its inaugural digital infrastructure-based fund, the GLP China IDC Income Fund I, with assets under management of US$357.76 million, the in...

GLP has held early stage discussions with a small number of financial advisers about the relisting plan

The Singapore-incorporated company cancelled a US dollar bond sale – its first since 2021 – last week, citing insufficient demand to reach its desired pricing

FUND manager GLP Capital Partners (GCP) has agreed to sell its operations outside China to US-based alternative investment group Ares Management, in a deal worth up to US$5.2 billion.

ASIAN logistics operator GLP told investors it has identified sources to help it repay a US$1 billion US dollar bond due 2025 and has already paid back US$1.7 billion of its other bonds this year.

CHINA Vanke is seeking to sell its entire stake in logistics firm GLP, according to people familiar with the matter, as the state-backed developer tries to amass cash to stave off a debt crisis.