Alibaba Receives HKEX Nod for Spin Off, Shenzen REIT Listing of Warehouse Park Assets

-- Alibaba Group (HKG:9988) received approval from the Hong Kong Exchange to spin off certain infrastructure assets into a real estate investment trust for listing on the Shenzhen Stock Exchange, according to a Monday disclosure.

The underlying asset to be held by the proposed CICC Cainiao Logistics Warehouse Infrastructure REIT will be Jiaxing Park, a logistics and warehouse infrastructure park in Zhejiang province.

Alibaba also obtained a waiver from HKEX, exempting it from distributing units in the REIT to existing shareholders. The company said it could not meet the requirement to either distribute units or offer preferential allocation to shareholders due to legal restrictions in mainland China.

The spinoff remains subject to regulatory approval in China, the bourse filing stated.

BP塑料公司注销休眠部门；股价下跌3%

根据周一提交给马来西亚证券交易所的文件，BP Plastics（吉隆坡证券交易所代码：BPPLAS）旗下子公司BPPLAS Plantation已被马来西亚公司委员会注销并视为解散。周二午盘交易中，该公司股价下跌约3%。 BPPLAS Plantation此前一直处于停滞状态，没有未来的业务计划，此次解散是公司为精简成本和行政管理而采取的措施之一。该集团表示，此次解散不会对盈利或净资产产生重大影响。

$KLSE:BPPLAS

中国化工集团第一季度利润增长超过8%，营收增长3%。

中国化工集团（SHA:601117）公布第一季度归属于母公司股东的净利润为15.7亿元人民币，较上年同期的14.4亿元人民币增长8.5%。根据周二提交给上海证券交易所的文件，每股收益从0.24元人民币增至0.26元人民币。营收同比增长3.2%，从445亿元人民币增至459亿元人民币。这家油气服务供应商的股价在近期的交易中上涨了2%。

$SHA:601117

Alibaba Receives HKEX Nod for Spin Off, Shenzen REIT Listing of Warehouse Park Assets

相关文章

杰富瑞将完美世界的目标股价从20.60元人民币下调至19.80元人民币，维持“买入”评级。

BP塑料公司注销休眠部门；股价下跌3%

中国化工集团第一季度利润增长超过8%，营收增长3%。