Subject to the completion of the warehouses sale, substantially all of the proceeds from the warehouses sale will be distributed to all those shareholders of the Company who are shareholders of record on the record date as a special dividend of HK$7.28 per share. Under the strategic cooperation, Kerry Logistics Network will be positioned as S.F. Holding's platform for international business. S.F. Holding and the Company will also collaborate with each other in Greater China to better align their respective businesses. By tapping into different customer segments, S.F. Holding and Kerry Logistics Network will coexist as separate entities in Mainland China, Hong Kong and Macau. Subsequent to the completion of the proposed transaction, Kerry Logistics Network's listed status on the Hong Kong Stock Exchange will remain unchanged.