Roadmap for growth
• Trending towards integrated logistics services providers
• Cross-border e-commerce export logistics to see rapid development backed by booming demands where SF takes the lead via Kerry Logistics established network
• Win at the racetrack of supply chain logistics services by providing tailored integrated solutions
• Initiate SF Holding and SF Intra-city with BUY ratings; reiterate BUY on Kerry Logistics and SF REIT
