This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

SingPost acquires stakes in HK’s E Link and Morning Express

( August 31, 2015, 07:55 GMT | Official Statement) -- MLex Summary: Singapore Post Limited, or SingPost, continues its acquisition spree in Hong Kong through its subsidiary Quantium Solutions Holdings Pte. Ltd. SingPost has acquired a 33-percent stake in Morning Express & Logistics Limited for HK$39.6 million ($5.1 million), and in another transaction, subscribed to one million new shares in E Link Station for HK$8 million, which represents 50 percent of the issued shares. The company says its new equity in Morning Express provides SingPost with tangible eCommerce logistics and last-mile delivery capability in Hong Kong, while E Link augments SingPost’s service offering in Hong Kong with a rapidly expanding network of self-collection parcel service points.The company's statement is attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections