GLP goes private and closes Singapore's largest M&A deal

It delisted from the SGX-ST on 22 January.

GLP Pte Ltd, formerly Global Logistic Properties Limited, converted to a private company after delisting from the Singapore Exchange Securities Trading Limited (SGX-ST) on 22 January 2018.

Singapore Business Review previously reported that Chinese consortium Nesta Investment Holdings bought the company for $16.4b, including net debt.

The group, which includes Hillhouse Capital Management and Hopu Investment Management, offered $3.38 a share.

The deal is Singapore's largest merger and acquisition (M&A) deal so far, boosting the country's M&A activity to $119.82b in 2017.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia