Success of flagship Make in India programme is dependent on it.
By Joyce Koh
Warburg wants to merger GLP with ESR before latter’s IPO.
Singapore-based Ezyhaul, a logistics technology startup which also maintains business operations in Malaysia, has closed a S$1.2 million ($836,120) seed investment from a group of undisclosed players in the logistics industry.
2017 and the period until 2020 is likely to see the continued growth of logistics as a growth sector and investment destination for investors interested in tech startups.
Vietnam’s property giant Vingroup has divested its entire stake of 79.96 per cent in logistics arm Phat Loc Express, formerly known as Vinlinks, the company said in a regulatory filing last week.
Kerala Transport Co. (KTC) Group plans to raise about Rs100-150 crore by selling a minority stake in its logistics division, according to two people aware of the development. The group has appointed a Chennai-based investment bank to find a buyer, one of the two people cited above said on condition… Read more »
Chinese logistics firm ZTO Express has filed for a Initial Public Offering (IPO) with the Securities and Exchange Commission in US to raise up to $1.5 billion.
SCG holds 65 per cent stake in this 633-million-baht joint venture through its subsidiary SCG Cement-Building Materials and Yamato shares the remaining 35 per cent.