INSUBCONTINENT EXCLUSIVE:
SF Holding, China’s largest courier, announced plans on Thursday to raise more than HK$5.9 billion (US$752 million) through a new share
placement in Hong Kong and the issuance of convertible bonds.
Proceeds from the HK$2.9505 billion equity placement and HK$2.95 billion in
zero-coupon one-year convertible bonds would be used for the firm’s international and cross-border logistics capabilities, as well as
research and development of advanced technologies, among others, it said in a stock exchange...
