Why Globavend Holdings Shares Are Moving Higher Wednesday
Why Globavend Holdings Shares Are Moving Higher Wednesday
Under the memorandum, Globavend would make an equity investment in Top Logistics given certain conditions are met. The specifics of the agreement and conditions are still under discussion.Globavend Holdings, Inc. (NASDAQ:GVH) stock is trading higher Wednesday following the company's announcement regarding plans to acquire Top Logistics Australia.
Globavend Holdings, Inc.（納斯達克股票代碼：GVH）週三股價走高，此前該公司宣佈計劃收購澳大利亞頂級物流。
What Happened: Globavend Holdings reported it entered a nonbinding memorandum of understanding to acquire, through equity, Top Logistics Australia.
發生了什麼：Globavend Holdings報告說，它簽署了一份不具約束力的諒解備忘錄，通過股權收購澳大利亞頂級物流。
Top Logistics, based in Sydney, provides full-service logistics across Australia with warehouses in Sydney, Melbourne, and Brisbane spanning over 15,000 square meters. Specialties include sea and air freight, customs clearance, packing, transport and warehousing services.
Top Logistics總部位於悉尼，在澳大利亞提供全方位的物流服務，在悉尼、墨爾本和布里斯班的倉庫佔地超過15,000平方米。專業包括海運和空運、清關、包裝、運輸和倉儲服務。
Under the memorandum, Globavend would make an equity investment in Top Logistics given certain conditions are met. The specifics of the agreement and conditions are still under discussion.
根據備忘錄，在滿足某些條件的情況下，Globavend將對Top Logistics進行股權投資。協議的細節和條件仍在討論中。
"The proposed transaction aligns with Globavend's strategy to solidify its business presence and expansion into Australia. According to the 2024 Australian Post eCommerce Industry Report, 8 in 10 Australian households shopped online in 2023 and 9.5 million households in Australia have received a parcel in 2023. Australian has spent AUD63.6 billion (approximately US$42.4 billion) in 2023 in shopping online," Wai Yiu Yau, CEO of Globavend stated
“擬議的交易符合Globavend鞏固其業務影響力並向澳大利亞擴張的戰略。根據2024年澳大利亞郵政電子商務行業報告，2023年每10個澳大利亞家庭中有8個在網上購物，而在2023年，澳大利亞有950萬個家庭收到了包裹。澳大利亞在2023年花費了636億澳元（約合424億美元）的在線購物。” Globavend首席執行官邱偉耀表示
"Given the market presence of Top Logistics has, we believe the proposed acquisition will further boost our business performance and help our business to thrive in future."
“鑑於Top Logistics的市場佔有率，我們認爲擬議的收購將進一步提高我們的業務業績，並幫助我們的業務在未來蓬勃發展。”
Related Link: 12 Industrials Stocks Moving In Tuesday's After-Market Session
相關鏈接：12只工業股在週二盤後交易時段走勢
GVH Price Action: Globavend Holdings shares are trading 10.7% higher at $1.76 at the time of writing, according to Benzinga Pro.
GVH價格走勢：根據Benzinga Pro的數據，在撰寫本文時，Globavend Holdings的股價上漲10.7％，至1.76美元。
Image: Photo via Shutterstock
圖片：照片來自Shutterstock
譯文內容由第三人軟體翻譯。