CJ Logistics strike in Seoul intensifies, with rally, siege and hunger strike threat
Industrial action by sub-contracted workers of South Korea’s largest logistics company, CJ Logistics, continues to ...
Credit CJ Logistics.
South Korea’s largest logistics company, CJ Logistics, plans to raise up to $602m to construct fulfilment centres in metropolitan areas to respond to growing demand for parcel transport, with more people buying goods via e-commerce.
CJ Logistics will raise around $201m in cash with Samsung SRA Asset Management, with the remaining $401m to be borrowed from financial institutions.
Samsung SRA raises funds through establishing investment trusts and inviting funding from institutional and retail investors.
“Financial investors can expect high returns by investing in ...
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