Pan-United International (02516.HK) spent 4.93 million HKD to acquire a 30% stake in a USA container freight station.

AASTOCKS · Jan 6 08:23

Pan-United International (02516.HK) announced that its indirectly wholly-owned subsidiary Ingrun Holdings acquired a total of 30% equity of the target company Advanced Logistics Solutions LLC from Hi5s and Hard 8 for a price of 0.6353 million USD (approximately 4.9301 million HKD).

The target company is the group's supplier in the USA, operating a container freight station and providing collection, sorting, and warehousing services after packages arrive at US airports; it also provides customs clearance services in the USA for the group.

The group believes that the acquisition will enhance its efficiency, certainty, and cost control capabilities in customs clearance, sorting, and dispatch in the USA.

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泛遠國際(02516.HK)斥493萬港元購美國集裝箱貨運站30%權益

Pan-United International (02516.HK) spent 4.93 million HKD to acquire a 30% stake in a USA container freight station.

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