Press releases - Li & Fung

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Press releases


25 Nov 2020

LF Logistics and GLP roll out new Digital Dock Management Solution at LF Logistics’ new Transportation Super Hub in Shanghai

LF Logistics and GLP collaborated to implement new technology solutions at the opening of a new 24-hours Transportation Super Hub in Jiading district, Northwest of Shanghai.

08 Oct 2020

Li & Fung appoints Spencer Fung as Executive Chairman and Joseph Phi as new Group CEO

Li & Fung announced new leadership appointments following the recent privatization of the Company.

02 Sep 2020

Li & Fung appoints Deepika Rana as Chief Customer Officer

This newly created position serves to leverage Li & Fung’s global network and integrate its diverse supply chain solutions to create a keenly focused customer-centric offering.

17 Aug 2020

Announcement on Further Drawdown of US$100 million under Medium Term Note and Perpetual Securities Programme

Announcement on Further Drawdown under Medium Term Note and Perpetual Securities Program.

11 Aug 2020

Announcement on Drawdown under Medium Term Note and Perpetual Securities Programme

Li & Fung announced pricing of a new US$300 million five-year bond under medium-note program.

31 Jul 2020

Li & Fung Partners with JD.com to Accelerate Development of Digital Supply Chain

Li & Fung today announced a strategic investment of US$100 million from JD.com , with newly issued capital (at HK$1.25 per share) to further develop its digital supply chain.

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.
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