S.F. Holding Co., Ltd. Class H (HK:6936) has released an update.
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S.F. Holding Co., Ltd. has announced that its subsidiary, Kerry Logistics, will repurchase perpetual convertible bonds initially issued to support its expansion in Southeast Asia. The decision follows the completion of a special dividend distribution that saw KEX Express, previously a subsidiary, become independently held by other subsidiaries. This move is not expected to negatively impact S.F. Holding’s financial standing or shareholder interests.
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