Summary by Moomoo AI
KERRY LOGISTICS NETWORK LIMITED (KERRY LOGISTICS) ANNOUNCES AN UPDATE ON ITS DECLARATION OF A SPECIAL INTERIM DIVIDEND, IN PARTICULAR THE MANNER IN WHICH KERRY EXPRESS (THAILAND) PUBLIC COMPANY LIMITED (KEX) SHARES WILL BE DISTRIBUTED IN PHYSICAL FORM. According to the Circular dated February 27, 2024, the KEX Board of Directors and its independent financial advisor Capital Advantage Co., Ltd. are required to submit comments on the KEX Offer by or before February 29, 2024. KEX Independent Financial Advisors advised that KEX shareholders should consider accepting the offer and consider the offer price to be appropriate. The KEX Board of Directors (excluding the Directors associated with the Contracting Party) agrees with the views of the Independent Financial Advisors and recommends that shareholders accept the Offer. Related comments have been published on the TSE website. Kerry Logistics will make further announcements in due course.