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Kerry Logistics share sale a bargain for investors

2013-12-03 00:06:45| Logistics - Topix.net

The logistics arm of Kerry Properties expects price range for listing at 14.9 to 17.3 times its forecast earnings, lower than global peers The US$284 million initial public offering by Kerry Logistics Network, the logistics arm of Kerry Properties, is expected to be a bargain for investors compared to its international peers.

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