GLP, which was listed in Singapore, went private in 2017
Has a presence in 17 countries
Relisting plan is partly fuelled by China's economic stimulus, says source
HONG KONG/SYDNEY, Nov 29 (Reuters) - Logistics company GLP is considering a Hong Kong listing that could happen as early as next year, eight years after the Singapore-incorporated firm was taken private by an investor group, three sources with direct knowledge of the matter said.
GLP has held early stage discussions with a small number of financial advisers about the relisting plan, said two of the sources and a fourth person with knowledge of the matter.
The timing of the listing and GLP's potential valuation in the offering are too early to be determined and would depend on market conditions, the two sources said.
The firm's total net asset value has reached about $20 billion, said one of the two sources and the third source.
GLP, which according to its website develops and operates logistics real estate, data centres, renewable energy and related technologies, with a presence in 17 countries including Brazil, China, Europe, India, Japan, the U.S. and Vietnam, did not respond to a Reuters request for comment.
Calls to its representatives went unanswered.
The sources did not want to be identified as the information was confidential.
(Reporting by Kane Wu and Julie Zhu in Hong Kong, Scott Murdoch in Sydney and Engen Tham in Shanghai; Additional reporting by Clare Jim; Editing by Muralikumar Anantharaman)
((kane.wu@thomsonreuters.com; +85228436590; Reuters Messaging: kane.wu.thomsonreuters.com@reuters.net))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。