SF Holdings announced that the company previously split the logistics industrial park assets to establish SF Real Estate Trust. This time, the company plans to acquire all of the issued shares of SF Logistics, a wholly-owned subsidiary of SF Real Estate Trust, through an overseas wholly-owned subsidiary, and transfer the intercompany balance outstanding at the time of delivery, for a total consideration of HK$2,611 billion. The transaction still needs to meet prerequisites such as approval from independent fund unit holders and permission from relevant third parties and regulators; after the transaction is completed, SF Logistics will become a wholly-owned subsidiary of the company, SF Housing Trust will be terminated and liquidated, and the fund unit will be delisted from the Hong Kong Stock Exchange.

SF Holdings announced that the company previously split the logistics industrial park assets to establish SF Real Estate Trust. This time, the company plans to acquire all of the issued shares of SF Logistics, a wholly-owned subsidiary of SF Real Estate Trust, through an overseas wholly-owned subsidiary, and transfer the intercompany balance outstanding at the time of delivery, for a total consideration of HK$2,611 billion. The transaction still needs to meet prerequisites such as approval from independent fund unit holders and permission from relevant third parties and regulators; after the transaction is completed, SF Logistics will become a wholly-owned subsidiary of the company, SF Housing Trust will be terminated and liquidated, and the fund unit will be delisted from the Hong Kong Stock Exchange.