Yang kee logistics to buy second major oceania logistics company ...

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Zealand has a stable currency and economic outlook, a growing middle class, and a demand for integrated freight and logistics solutions.
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Yang Kee Logistics to Buy Second Major Oceania Logistics Company for S$52.1 million, works with IE Singapore on Global Expansion Yang Kee’s combined group revenue to increase by S$81.9 million with acquisition of 100% of the shares in New Zealand Exchange Mainboard listed company, Fliway Group Ltd Yang Kee partners International Enterprise Singapore closely on international manpower strategies to support its global expansion MR No.: 046/17 Singapore, 26 October 2017 – Yang Kee Logistics Pte Ltd (“Yang Kee”) is pleased to announce that it has entered into a Scheme Implementation Agreement (“SIA”) with New Zealand Exchange (“NZX”) Mainboard listed company, Fliway Group Ltd (“Fliway”). This will be Yang Kee’s second major Oceania acquisition this year with the support of International Enterprise (“IE”) Singapore. The acquisition value of S$52.1 million for 100% of the shares in Fliway would boost the group’s revenue by another S$81.9 million with a stronger foothold in the Oceania mar...
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