MC0.SI - Global Logistic Properties Limited

SES - SES Delayed Price. Currency in SGD
3.37
0.00 (0.00%)
At close: 5:04PM SGT
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Previous Close3.37
Open3.36
Bid0.00 x 0
Ask0.00 x 0
Day's Range3.36 - 3.38
52 Week Range2.55 - 3.38
Volume156,187,162
Avg. Volume11,140,810
Market Cap15.83B
Beta1.95
PE Ratio (TTM)20.18
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.00 (0.00%)
Ex-Dividend Date2016-08-03
1y Target EstN/A
  • Moody's11 days ago

    Global Logistic Properties Limited -- Moody's downgrades Global Logistic Properties' ratings to Baa3; outlook negative

    Rating Action: Moody's downgrades Global Logistic Properties' ratings to Baa3; outlook negative. Global Credit Research- 04 Jan 2018. Hong Kong, January 04, 2018-- Moody's Investors Service has downgraded ...

  • Global Logistic Properties forms two funds for European properties
    Singapore Business Reviewlast month

    Global Logistic Properties forms two funds for European properties

    The two will add $5.43b to its current fund management platform worth $57.8b. Global Logistic Properties (GLP) completed the acquisition of European industrial developer Gazeley and raised the size of ...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of MC0.SI earnings conference call or presentation 10-Nov-17 1:00am GMT

    Q2 2018 Global Logistic Properties Ltd Earnings Call

  • Global Logistic Properties profits up 33.6% to US$231.26m in Q3
    Singapore Business Review2 months ago

    Global Logistic Properties profits up 33.6% to US$231.26m in Q3

    Global Logistic Properties' (GLP) profits rose 33.6% YoY from $235.28m (US$173.06m) to $314.4m (US$231.26m) in Q3. According to its financial statement, revenue increased by 31.9% YoY from $290.48m (US$213.66m) to $383m (US$281.71m). The increase was mainly attributable to the revenue from financial services in China and from completion and stabilization of development projects in China with increasing rents.

  • Reuters2 months ago

    China's deliverymen face robot revolution as parcel demand soars

    SHANGHAI/BEIJING, Nov 10 (Reuters) - At Beijing's sprawling Renmin University of China, two shiny new couriers dart through throngs of students to deliver parcels throughout the day. Bright red, grey and black, they are the robot postmen of the future, and are controlled from a command centre 40 kms (25 miles) away by e-commerce giant JD.com. The robots are among technologies revolutionising China's vast delivery industry, which is struggling to keep pace with 50 percent annual growth in parcel volumes amid staff shortages, tight competition and declining margins.

  • Reuters4 months ago

    PRESS DIGEST - Wall Street Journal - Oct 2

    The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Google Inc said it will end this week its decade-old "first ...

  • Reuters4 months ago

    Global Logistic Properties buys European logistics firm for $2.8 billion

    Asia's biggest warehouse operator, Global Logistic Properties (GLP), agreed to acquire European logistics platform Gazeley for about $2.8 billion, marking its first push into Europe and underscoring consolidation in the buoyant sector. In a statement on Monday, GLP said the properties, owned by funds affiliated with Brookfield Asset Management Inc, were spread across four countries and comprised 32 million square feet (3.0 million square metres) of total gross leasable area. Singapore-listed GLP, which has a $42 billion portfolio of assets across China, Japan, Brazil and the United States, is benefiting from rising demand for logistics facilities driven by a boom in e-commerce from clients such as Amazon.com Inc and JD.com Inc.

  • Reuters4 months ago

    Global Logistic Properties buys European logistics firm for $2.8 bln

    Asia's biggest warehouse operator, Global Logistic Properties (GLP), agreed to acquire European logistics platform Gazeley for about $2.8 billion, marking its first push into Europe and underscoring consolidation in the buoyant sector. In a statement on Monday, GLP said the properties, owned by funds affiliated with Brookfield Asset Management Inc, were spread across four countries and comprised 32 million square feet (3.0 million square metres) of total gross leasable area. Singapore-listed GLP, which has a $42 billion portfolio of assets across China, Japan, Brazil and the United States, is benefiting from rising demand for logistics facilities driven by a boom in e-commerce from clients such as Amazon.com Inc and JD.com Inc.

  • Reuters4 months ago

    Global Logistic Properties expands into Europe with $2.8 bln acquisition

    Global Logistic Properties (GLP) said on Monday it has agreed to acquire Gazely, a leading European logistics platform, for about $2.8 billion, as part of its expansion into Europe. GLP said in a statement the acquisition included properties across four countries and comprised 32 million square feet (3.0 million square metres) of total gross leasable area. The acquisition portfolio was concentrated in Europe's key logistics markets, with 57 percent in the United Kingdom, 25 percent in Germany, 14 percent in France and the remainder in the Netherlands.

  • Moody's5 months ago

    China Vanke Co., Ltd. -- Moody's: China Vanke's 1H2017 results support its Baa1 issuer rating

    Announcement: Moody's: China Vanke's 1 H2017 results support its Baa1 issuer rating. Global Credit Research- 28 Aug 2017. Hong Kong, August 28, 2017-- Moody's Investors Service says China Vanke Co., Ltd.' ...

  • Reuters5 months ago

    China to curb "irrational" overseas Belt and Road investment-state planner

    BEIJING/SHANGHAI, Aug 18 (Reuters) - China will strengthen rules to defuse risks for domestic companies investing abroad and curb "irrational" overseas investment in its Belt and Road initiative, the state planner said on Friday. The National Development and Reform Commission (NDRC) said in an online statement lauding the Belt and Road initiative that it would provide better guidance on risks to companies investing overseas in order to prevent "vicious" competition and corruption.

  • Reuters5 months ago

    China's Belt and Road acquisitions surge despite outbound capital crackdown

    Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on China's acquisitive conglomerates to restrict capital outflows. Chinese acquisitions in the 68 countries officially linked to President Xi Jinping's signature foreign policy totalled $33 billion as of Monday, surpassing the $31 billion tally for all of 2016, according to Thomson Reuters data. Unveiled in 2013, the Belt and Road project is aimed at building a modern-day "Silk Road", connecting China by land and sea to Southeast Asia, Pakistan and Central Asia, and beyond to the Middle East, Europe and Africa.

  • Thomson Reuters StreetEvents5 months ago

    Edited Transcript of MC0.SI earnings conference call or presentation 8-Aug-17 1:00am GMT

    Q1 2018 Global Logistic Properties Ltd Earnings Call

  • Moody's6 months ago

    Ronshine China Holdings Limited -- Moody's: M&A transactions to reach record high in China's property market in 2017

    Announcement: Moody's: M&A transactions to reach record high in China's property market in 2017. Global Credit Research- 28 Jul 2017. Hong Kong, July 28, 2017-- Moody's Investors Service says the value ...

  • Moody's6 months ago

    Global Logistic Properties Limited -- Moody's: Proposed buyout of GLP has no immediate rating impact on GLP and Vanke

    Announcement: Moody's: Proposed buyout of GLP has no immediate rating impact on GLP and Vanke. Global Credit Research- 19 Jul 2017. Hong Kong, July 19, 2017-- Moody's Investors Service says that the proposed ...

  • Reuters6 months ago

    Chinese buyout group wins $11.6 bln deal to buy Global Logistic Properties

    Global Logistic Properties (GLP) agreed to be acquired by a Chinese private equity consortium backed by senior GLP executives for about S$16 billion ($11.6 billion), choosing it over a rival bid in Asia's largest private equity buyout. The winning group of China's Hopu Investment Management, Hillhouse Capital Group, Vanke Group and Bank of China Group Investment was supported by GLP Chief Executive Ming Mei in its bid, which trumped an offer by a Warburg Pincus-led consortium - the only other short-listed bidder.

  • Reuters6 months ago

    Global Logistic Properties agrees to be bought by China group for $11.6 bln

    Global Logistic Properties (GLP), Asia's biggest warehouse operator, said it had agreed to be acquired by a Chinese private equity consortium backed by senior GLP executives for roughly S$16 billion ($11.6 billion). The deal is set to be Asia's largest buyout by a private equity group. "After an extensive evaluation of all final proposals received, the Special Committee decided on the proposed Scheme, which we believe is compelling and value-enhancing for all shareholders," Seek Ngee Huat, chairman of GLP's Board said in a statement.

  • Reuters6 months ago

    GLP, Asia's No. 1 warehouse firm, chooses Chinese group for buyout -sources

    Global Logistic Properties (GLP) has picked a Chinese private equity consortium over a Warburg Pincus-led group for final talks to acquire Asia's biggest warehouse operator, two sources familiar with the matter said on Thursday. GLP has a market value of around $9.2 billion and the deal will rank as the largest buyout in Asia by private equity firms, which are increasingly targeting bigger takeovers after raising record funds. After months of negotiations, a special committee of GLP's independent directors is aiming to finalise a deal this week with the Chinese consortium, which is led by Hopu Investment Management and Hillhouse Capital Group and is backed by GLP CEO Ming Mei, the sources said.

  • Reuters6 months ago

    Bid target Global Logistic Properties halts trading ahead of announcement

    Global Logistic Properties Ltd, subject of a bid battle between a Chinese consortium and a group led by Warburg Pincus, asked for its shares to be halted for trading pending the release of an announcement. ...

  • Reuters7 months ago

    Global Logistic Properties receives bid proposals, buyout groups seen interested

    Global Logistic Properties Ltd said on Monday it had received "firm proposals" from shortlisted bidders, days after sources told Reuters that suitors had narrowed to a management-backed Chinese consortium and a group led by Warburg Pincus. The $10 billion-valued firm is Asia's biggest warehouse operator, with clients including Amazon.com Inc and JD.com Inc, and is benefiting from rising demand for modern logistics facilities driven by a boom in e-commerce.