LHN Logistics has raised S$5.0m (US$3.6 million) in gross proceeds
LHN Logistics Limited has completed a fundraising to partially finance the construction of an ISO tank depot, expand the transportation fleet and acquire moving equipment.
LHN Logistics is a services group with an operating history of approximately 19 years in two principal business segments, transportation and container depot services. Under its transportation unit, LHN Logistics provides ISO tank and container transportation for various petrochemical products, base oils, bitumen and bulk cargo to customers in Singapore and Malaysia, through its fleet of customized and licensed prime movers and trailers. Through its container depot services, LHN Logistics provides container depot management services in Singapore and container depot services to customers in Singapore and Thailand.
Oaklins’ team in Singapore acted as the sponsor, issue manager and co-placement agent for the admission of LHN Logistics to the Catalist Board (Catalist) of the Singapore Exchange Securities Trading Limited and the placement of 25,238,000 shares at S$0.20.
Contáctese con el equipo de la transacción
Transacciones relacionadas
Talley Inc. has been acquired by Rexel USA Inc.
Talley Inc., a leading distributor of wireless communications infrastructure and mobile products, has been acquired by Rexel USA Inc., the North American subsidiary of Rexel, a worldwide expert in the distribution of electrical products and services.
Aprenda másFRP Advisory Group plc has finalized a successful secondary placing
FRP Advisory Group plc has completed a fundraising. The book was oversubscribed and approximately £20.4 million (US$33 million) of shares were sold by certain directors and partners of FRP to new and existing institutional investors at 128 pence per ordinary share.
Aprenda másKees Smit Tuinmeubelen has been acquired by Craft Capital
Kees Smit Tuinmeubelen, a leading family-owned omnichannel retailer of garden furniture and related accessories, has agreed to sell a majority stake to Craft Capital, a Netherlands-based investment firm. The transaction is still subject to fulfillment of customary closing conditions.
Aprenda más