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SF HOLDING Approved to Spin off SF Infrastructure REIT on SZSE
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SF HOLDING (06936.HK) announced that the Hong Kong Stock Exchange had confirmed that the Company may proceed with the proposed spin-off of the infrastructure real estate investment trusts of the SF Infrastructure REIT on the SZSE. Accordingly, the Company can achieve a spin-off listing within three years. The Company intends to spin off three infrastructure projects, including the SF Huanan Logistics Complex project located near the Shenzhen Bao’an Airport; the SF Fengtai Industrial Park (Wuhan) project; and the SF Fengtai Industrial Park (Hefei) project. The Proposed Spin-off is expected to be effected by way of setting up the SF Infrastructure REIT as a publicly offered infrastructure securities investment fund by China Southern Fund Management Co., Ltd. as the public fund manager. AAStocks Financial News |
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