Singapore-based logistics and real estate company GLP is mulling listing in Hong Kong as early as 2025, Reuters reported, citing three people with knowledge of the matter.
GLP, which was taken private eight years ago, is holding early-stage talks with financial advisers regarding its return to the stock market, according to the Nov. 29 report.
China's economic stimulus and property support helped spur GLP's relisting plans, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.