Kerry Logistics Network Ltd
KLN Logistics Group Limited — known until 28 March 2025 as Kerry Logistics Network Limited — is an Asia-rooted, global third-party logistics provider headquartered in Kwai Chung, Hong Kong, offering integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal transport), e-commerce fulfilment and industrial project logistics across nearly 60 countries and territories. KLN Logistics Group Limited is incorporated in the British Virgin Islands and continued into Bermuda as an exempted company with limited liability; separately, it is registered in Hong Kong as a non-Hong Kong company under registration number F0010716 (Companies Registry, status: active), reflecting operations in Hong Kong without local incorporation there.
The group’s logistics operations trace to a first Hong Kong warehouse in 1981 under the Kerry Group/Kuok Group, and the entity was renamed Kerry Logistics Network Limited in 2000. It listed on the Main Board of the Hong Kong Stock Exchange on 19 December 2013 as a spin-off from Kerry Properties Limited. In February 2021, S.F. Holding Co., Ltd. (Shenzhen-listed, SZSE: 002352), China’s largest integrated express-delivery and logistics group, announced a pre-conditional voluntary partial cash offer for a controlling stake; the offer completed in September 2021 for consideration of approximately HK$17.6 billion (about US$2.3 billion), delivering S.F. Holding roughly 51.8% of the shares. Contrary to reports of a 2022 privatisation, the company was not taken private or delisted: it remains listed on HKEX under stock code 636. On 28 March 2025 shareholders approved renaming the company from Kerry Logistics Network Limited to KLN Logistics Group Limited; Bermuda’s Registrar of Companies registered the change the same day, Hong Kong’s Registrar of Companies recognised it on 16 April 2025, and the HKEX stock short name changed from “KERRY LOG NET” to “KLN” from 29 April 2025.
For the year ended 31 December 2025 (results announced 30 March 2026), KLN Logistics Group Limited reported consolidated revenue of HK$56,336 million (down 3% year-on-year) and core net profit of HK$1,396 million (up 3%), with a proposed final dividend of 16 HK cents per share. The group employed more than 18,000 people as of its 2024 annual report and manages roughly 74 million square feet of logistics facilities worldwide. In the fourth quarter of 2025 it launched a “KLN 2.0” customer-centric transformation plan, and its Ezhou Airport ground-handling joint venture with S.F. Holding recorded 75% year-on-year volume growth.
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Shareholders
As of the most recent available disclosures, S.F. Holding Co., Ltd. (Shenzhen-listed, SZSE: 002352; also listed on HKEX since 2023 as stock code 6936) holds approximately 51.8% of the issued shares of KLN Logistics Group Limited (formerly Kerry Logistics Network Limited), acquired via a partial cash offer completed in September 2021 for approximately HK$17.6 billion. Kerry Properties Limited, part of the Kuok Group (the company’s historical controlling family group), retains a reported minority holding of approximately 12.23%; the remaining shares are held by public shareholders on the Hong Kong Stock Exchange (stock code 636). KLN Logistics Group Limited’s own investor materials describe it as “a member of S.F. Holding and an associate member of the Kuok Group.”
Ultimate beneficial ownership
S.F. Holding Co., Ltd. is itself publicly listed (SZSE: 002352; HKEX: 6936) and is controlled by Shenzhen Mingde Holding Development Co., Ltd., reported to hold approximately 46.87% of S.F. Holding as of end-2025; Mr Wang Wei, S.F. Holding’s founder and chairman (and KLN Logistics Group Limited’s non-executive Chairman), holds approximately 99.9% of Shenzhen Mingde, making him S.F. Holding’s ultimate controlling individual. This is group-level context for S.F. Holding itself, distinct from KLN Logistics Group Limited’s own direct Hong Kong share register.
Hong Kong’s Significant Controllers Register for private companies is held privately at the registered office and is not publicly searchable. Because KLN Logistics Group Limited is registered in Hong Kong as a non-Hong Kong company and listed on HKEX, the ownership information above is instead sourced from its own HKEX filings and from S.F. Holding’s public securities disclosures as its parent.
Sources
- KLN Logistics Group Limited (formerly Kerry Logistics Network Limited), “Change of Company Name and Stock Short Name and Adoption of the New Memorandum and the Amended and Restated Bye-laws,” HKEXnews announcement, https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0424/2025042403132.pdf, published 24 April 2025, retrieved 9 September 2026.
- Slaughter and May, deal page on S.F. Holding’s HK$17.6bn (US$2.3bn) pre-conditional voluntary partial cash offer for Kerry Logistics Network Limited, https://www.slaughterandmay.com/recent-work/sf-holding-co-ltd-on-its-hk-176bn-us-23bn-pre-conditional-voluntary-partial-cash-offer-to-acquire-a-controlling-stake-in-kerry-logistics-network-limited/, retrieved 9 September 2026.
- KLN Logistics Group Limited, Investor Overview, https://www.kln.com/en/investors/overview/, retrieved 9 September 2026.
- Futu News, “SF Holding (06936) announced that its controlling shareholder, Mingde Holding, has released the pledge on 31 million A-shares” (citing S.F. Holding’s own shareholding disclosures), https://news.futunn.com/en/post/75323560/sf-holding-06936-announced-that-its-controlling-shareholder-mingde-holding, retrieved 9 September 2026.
- Hong Kong Companies Registry, registration no. F0010716, https://www.cr.gov.hk, per zavia registry sync dated 11 August 2026.
Officers
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KLN Logistics Group Limited’s board, per the HKEX company announcement of 24 April 2025, comprises: Chairman (Non-executive) Mr Wang Wei; Vice Chairman (Non-executive) Mr Kuok Khoon Hua; Executive Directors Mr Cheung Ping Chuen Vicky, Mr Cheng Chi Wai and Mr Ho Chit; Non-executive Directors Ms Chen Keren and Ms Ooi Bee Ti; and Independent Non-executive Directors Dr Cheung Wai Man, Mr Lai Sau Cheong Simon, Mr Tan Chuen Yan Paul and Ms Wong Yu Pok Marina.
Mr Cheung Ping Chuen Vicky (registry record: “Ping Chuen Cheung”) holds the title Chief Executive Officer & Executive Director, re-designated CEO effective 1 April 2024 after serving as Group Managing Director (from October 2023) and Managing Director (from July 2022); he founded Apex Group, trading as Kerry Apex, a wholly-owned freight-forwarding subsidiary. Registry-recorded senior management also includes Mr Kevin Gerard Bulger (Managing Director, Kerry APEX US), Ms Siew Wong (Group Chief Commercial Officer & MD, South East Asia), Mr Wing Kai Ma (Chief Advisor) and Mr Hiu Lung Cheung (Group Director of Corporate Planning & Development and MD of KEAS).
Recent changes: (1) Mr Cheung re-designated CEO, 1 April 2024; (2) company renamed Kerry Logistics Network Limited to KLN Logistics Group Limited, 28 March 2025; (3) board confirmed per the 24 April 2025 announcement. Nationality is not inferred from names. Hong Kong’s Significant Controllers Register is private; this profile relies on the company’s own HKEX disclosures.
Sources
- KLN Logistics Group Limited (formerly Kerry Logistics Network Limited), “Re-designation of Chief Executive Officer,” HKEXnews announcement, https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0328/2024032801493.pdf, published 28 March 2024, retrieved 9 September 2026.
- KLN Logistics Group Limited (formerly Kerry Logistics Network Limited), “Change of Company Name and Stock Short Name…,” HKEXnews announcement (lists full board as at 24 April 2025), https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0424/2025042403132.pdf, published 24 April 2025, retrieved 9 September 2026.
- Hong Kong Companies Registry, officer records for registration no. F0010716, https://www.cr.gov.hk, per zavia registry sync dated 11 August 2026.
Registry feed — rows exactly as filed with Companies Registry, including entries the profile above does not cover.
Group Structure
KLN Logistics Group Limited (formerly Kerry Logistics Network Limited; HKEX: 636) has been a majority-owned subsidiary of S.F. Holding Co., Ltd. (China, SZSE: 002352; HKEX: 6936) since S.F. Holding’s partial cash offer completed in September 2021, delivering approximately 51.8% of the company’s shares for about HK$17.6 billion. Kerry Properties Limited (Kuok Group), the historical controlling shareholder, retains a reported minority stake of approximately 12.23%; the company describes itself as “a member of S.F. Holding and an associate member of the Kuok Group,” reflecting a reduced but not eliminated Kuok/Kerry Group relationship. KLN Logistics Group Limited remains listed on the Hong Kong Stock Exchange and was not delisted or taken private.
Operations run through regional subsidiaries, including Apex Group (Kerry Apex, freight forwarding, wholly owned since 2020) and country-level logistics entities across nearly 60 countries and territories. The company is incorporated in the British Virgin Islands and continued into Bermuda as an exempted company, and is registered in Hong Kong as a non-Hong Kong company (F0010716); its main hub is Kwai Chung, Hong Kong, with material activity across Mainland China, Southeast Asia and other Asia-Pacific markets. Ownership percentages are as officially disclosed; individual subsidiary shareholdings are not disclosed. Information current as of the FY2025 results (30 March 2026) and the 24 April 2025 HKEX announcement.
Recent structural changes: (1) S.F. Holding’s controlling-stake acquisition, completed September 2021; (2) name change to KLN Logistics Group Limited, effective 28 March 2025 (Bermuda) / 16 April 2025 (Hong Kong); (3) launch of the “KLN 2.0” transformation plan, Q4 2025.
Verified relationships
- Parent: S.F. Holding Co., Ltd. (China, SZSE: 002352 / HKEX: 6936) — approximately 51.8% shareholding, since September 2021
- Minority historical shareholder: Kerry Properties Limited (Kuok Group) — approximately 12.23%
- Key operating subsidiary: Apex Group / Kerry Apex (freight forwarding) — wholly owned since 2020
- Joint venture: Ezhou Huahu Airport ground-handling JV with S.F. Holding
Sources
- KLN Logistics Group Limited, “KLN Posts Continued Growth in Core Net Profit, Outperforming the Industry Average,” press release, https://www.kln.com/en/press/press-release/2026/kln-posts-continued-growth-in-core-net-profit-br-outperforming-the-industry-average/, published 30 March 2026, retrieved 9 September 2026.
- KLN Logistics Group Limited (formerly Kerry Logistics Network Limited), “Change of Company Name and Stock Short Name…,” HKEXnews announcement, https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0424/2025042403132.pdf, published 24 April 2025, retrieved 9 September 2026.
- KLN Logistics Group Limited, Investor Overview, https://www.kln.com/en/investors/overview/, retrieved 9 September 2026.
- Hong Kong Companies Registry, registration no. F0010716, https://www.cr.gov.hk, per zavia registry sync dated 11 August 2026.
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Frequently Asked Questions
What is the exact legal name of this company?
KLN Logistics Group Limited. Until 28 March 2025 it was named Kerry Logistics Network Limited.
Where is the company incorporated?
It is incorporated in the British Virgin Islands and was continued into Bermuda as an exempted company with limited liability.
What is its Hong Kong registration number?
F0010716, registered with the Hong Kong Companies Registry as a non-Hong Kong company under Part 16 of the Companies Ordinance (Cap. 622).
What is its legal form?
A Bermuda exempted company with limited liability, originally incorporated in the British Virgin Islands, registered in Hong Kong as a non-Hong Kong company rather than being locally incorporated there.
When did its logistics business begin and when was it renamed?
Operations trace to a Hong Kong warehouse opened in 1981; the entity was renamed Kerry Logistics Network Limited in 2000, and again to KLN Logistics Group Limited in 2025.
What is its current status and is it still listed?
It is active and remains listed on the Hong Kong Stock Exchange under stock code 636. It has not been delisted or taken private, despite reports of a 2022 privatisation.
Where is the company headquartered?
Kwai Chung, Hong Kong.
What does the company do?
It is an Asia-rooted global third-party logistics provider offering integrated logistics, international freight forwarding, e-commerce fulfilment and industrial project logistics across nearly 60 countries and territories.
Who is the controlling shareholder?
S.F. Holding Co., Ltd. (China, SZSE: 002352), which has held approximately 51.8% of the shares since a partial cash offer completed in September 2021.
Does the historical Kerry Group/Kuok Group still hold shares?
Yes, Kerry Properties Limited (Kuok Group) retains a reported minority stake of approximately 12.23%; the company describes itself as an associate member of the Kuok Group alongside its S.F. Holding membership.
Who is the Chief Executive Officer?
Mr Cheung Ping Chuen Vicky, Chief Executive Officer & Executive Director, re-designated CEO effective 1 April 2024.
How many people does the group employ and how large is its footprint?
More than 18,000 employees per its 2024 annual report, operating across nearly 60 countries and territories with about 74 million square feet of logistics facilities.
What was the company’s most recent name change?
It was renamed from Kerry Logistics Network Limited to KLN Logistics Group Limited, effective 28 March 2025 in Bermuda and recognised in Hong Kong on 16 April 2025; its HKEX stock short name changed to "KLN" from 29 April 2025.
What is a major recent development?
For the year ended 31 December 2025 (announced 30 March 2026) it reported revenue of HK$56,336 million and core net profit of HK$1,396 million, and launched a "KLN 2.0" transformation plan in Q4 2025.
What is Kerry Logistics Network Ltd's company registration number?
Kerry Logistics Network Ltd's registration number is F0010716, filed with Companies Registry in Hong Kong. Its current status on the register is active.
Is Kerry Logistics Network Ltd still an active company?
Kerry Logistics Network Ltd's status on Companies Registry is listed as active.
What is Kerry Logistics Network Ltd's registered address?
The registered address on file for Kerry Logistics Network Ltd is Kwai Chung, Hong Kong.
What legal structure is Kerry Logistics Network Ltd registered as?
Kerry Logistics Network Ltd is registered as a Private limited company (Ltd.) in Hong Kong.
Can Zavia monitor changes to Kerry Logistics Network Ltd's ownership over time?
This profile reflects a point-in-time snapshot from Companies Registry. Zavia's monitoring API can track changes to Kerry Logistics Network Ltd's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access Kerry Logistics Network Ltd's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Hong Kong, so records like Kerry Logistics Network Ltd's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Companies Registry and was last synced on 11 August 2026.