<div class=newsTextDataWrapInner><p style="">SINGAPORE (Jan 5): Global Logistic Properties has confirmed that it is in preliminary discussions with various parties regarding the possible sale of the company.</p></div>

<div class=newsTextDataWrapInner><p style=""><em>(<strong>See also</strong>: <span class="field-content"><a href="http://www.theedgemarkets.com.sg/sg/article/glp-said-seek-bids-113-bil-company" target="_blank">GLP said to seek bids for $11.3 bil company</a></span>)</em></p></div>

<div class=newsTextDataWrapInner><p style="">In response to news reports from <em>Wall Street Journal</em> and <em>Bloomberg</em> and a trading query from the Singapore Exchange on Thursday, GLP explained that the sale of the company was among the options available under GLP’s ongoing strategic review.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p style="">However, it also added that “no definitive transaction has been entered into” and that there is no assurance a transaction would materialise.</p></div>

<div class=newsTextDataWrapInner><p style="">Beyond that, GLP said it was not aware of any information that would explain the movement in its shares.</p></div>

<div class=newsTextDataWrapInner><p style="">Shares in GLP closed 16 Singapore cents higher at S$2.40 on Thursday.</p></div>


SINGAPORE (Jan 5): Global Logistic Properties has confirmed that it is in preliminary discussions with various parties regarding the possible sale of the company.

(See also:

GLP confirms in prelim discussions for possible sale of company

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China’s Foreign Minister Wang Yi sa...

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