28 Jun 2019
Li & Fung Announces Investment of US$300 Million by Temasek in LF Logistics
The investment values LF Logistics at approximately US$1.4 billion on a post-money equity valuation basis.
23 May 2019
Li & Fung 2019 Annual General Meeting
Held in Hong Kong, all shareholder resolutions were approved and adopted.
21 Mar 2019
Li & Fung Announces 2018 Annual Results
Core Operating Profit decreased 20% to US$285 million due to challenges in Supply Chain Solutions business, a new management team in place to accelerate turnaround and digital transformation
29 Jan 2019
Li & Fung appoints Joseph Phi as Group President
As Group President, Joseph will lead the company’s Supply Chain Solutions operating groups, including Business Development.
22 Jan 2019
Li & Fung appoints Darren Palfrey as Chief Digital Officer
Having reached a defining point in its digital transformation journey, the company has expanded its leadership team and created a new role with the purpose of accelerating its digital strategy.
18 Oct 2018
Weizhong Zhu Joins Li & Fung as Chief Operating Officer
Weizhong Zhu (“Wilson”) has joined Li & Fung as Chief Operating Officer and will lead operations across all Li & Fung’s 40+ production countries.
22 Aug 2018
Li & Fung Announces 2018 Interim Results
The Company exceeded Three-Year Plan targets in 2017, but 2018 is challenging due to continued destocking, store closures and bankruptcies.
25 May 2018
Li & Fung redeems US$500 million subordinated perpetual capital securities, optimizing its capital structure
Following the redemption, the Securities will be cancelled and delisted from the official list of the Singapore Exchange Securities Trading Limited.