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Press releases

27 May 2020

Li & Fung delists from HKEX & sets course for long-term transformation

As a privately held company, Li & Fung is owned and managed by the Fung Family and Singapore-headquartered GLP Pte Ltd., a leading global logistics warehouse operator and investor.

13 May 2020

Li & Fung Announces Shareholder Approval for Privatization

97.14% of the total number of shares voted by disinterested shareholders were in favor.

20 Mar 2020

Li & Fung Announces 2019 Annual Results

Net profit attributable to shareholders was US$17 million representing a return to profitability.

13 Dec 2019

Li & Fung and First Insight Announce Global Strategic Partnership to Integrate Voice of the Customer Analytics into Li & Fung’s Digital Supply Chain Solutions

Industry-leading digital pre-season consumer testing to increase product success rates and reduce markdowns for brands and retailers

29 Oct 2019

Li & Fung signs Nike and Ocean Conservancy Arctic Shipping Pledge to prevent harmful shipments in Arctic waters

LF Logistics has signed a pledge to support an initiative launched by its customer, Nike, and Ocean Conservancy to prohibit shipping through the Arctic Ocean.

08 Oct 2019

Li & Fung completes Bond Tender Offer and issues New US$400 million Bond to further strengthen its Capital Structure

This is an important step aimed at deleveraging the Company’s balance sheet and providing higher financial flexibility for its upcoming Three-Year Plan (2020 – 2022).

22 Aug 2019

Li & Fung Announces 2019 Interim Results

Profit attributable to shareholders swung back to positive and recorded US$21 million on a reported basis.

08 Aug 2019

Li & Fung Announces Completion of Investment in LF Logistics by Temasek

The investment will allow the Company to unlock the value of LF Logistics and accelerate its business growth, as well as enhancing Li & Fung’s capital structure and financial flexibility.