.
MergerLinks Header Logo

Announced

Completed

J&T Express completed the acquisition of a 30-acre parcel of land in Malaysia for $136m.

Financials

Edit Data
Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Malaysia

Acquisition

Real Estate Holding and Development

Completed

Cross Border

Majority

Single Bidder

Private

Friendly

land

Real Estate

Synopsis

Edit

J&T Express, an international express logistics company, completed the acquisition of a 30-acre parcel of land in Malaysia for $136m. "As a global integrated logistics service provider, J&T Express is committed to providing customers with more efficient and convenient services. It remains our emphasis to strengthen our leadership position in Southeast Asia through expanding our presence in existing markets. The new facility will be fitted with our advanced technology, which enables us to better tap on our existing networks to meet the growing demands of the burgeoning e-commerce industry in Southeast Asia," Charles Hou, J&T Express Vice President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US