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S F Holding, Chinese rival to Fedex, to spin off US$786 million of logistics assets in Hong Kong REIT listing plan

S.F. Holding, Chinese rival to Fedex, to spin off US$786 million of logistics assets in Hong Kong REIT listing plan Shenzhen-listed S.F. Holding submitted a Hong Kong listing application for the REIT unit on April 23, according to filing Assets to be sold to REIT unit at a slight discount based on proposed offering price of REIT units, may be adjusted based on approved terms

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