Temasek consortium takes control of China freight network

Singapore Business Review
2026.02.10 03:54
portai
I'm PortAI, I can summarize articles.

A consortium led by Temasek, along with Centurium Capital and True Light Capital, has completed the privatization of ANE (Cayman) Inc., resulting in its delisting from the Hong Kong Stock Exchange on February 10, 2026. Following the takeover, Centurium holds a 51.78% stake, while Temasek and True Light each hold 17.35%. ANE operates in China's LTL express freight market, managing a vast network of over 38,000 partners. This move allows ANE to function as a privately held company.