Corporate News     04-Jan-23
Allcargo Logistics to acquire Asiapac Equity Investment (Hong Kong)
Allcargo Logistics' wholly owned step-down subsidiary, AGL N.V. has entered into a Share Purchase Agreement with Atlas Global Trading F.Z.C. (UAE) to acquire 100% stake in Asiapac Equity Investment (Hong Kong).

The target entity is an investment company with underlying subsidiaries operating in ocean freight logistics. This acquisition would result in business of the company in Turkey in FCL as well as LCL consolidation and contribute to future growth. The cost of acquisition is USD 4.99 million. The transaction is expected to be completed by March 2023.

Previous News
  Allcargo Logistics to hold board meeting
 ( Corporate News - 17-Jun-21   12:45 )
  Allcargo Logistics to hold board meeting
 ( Corporate News - 04-Feb-21   17:18 )
  Allcargo Logistics to discuss results
 ( Corporate News - 07-Feb-23   15:52 )
  Board of Allcargo Logistics recommends Interim Dividend
 ( Corporate News - 07-Mar-23   10:13 )
  Allcargo Logistics fixes record date for interim dividend
 ( Market Beat - Reports 09-Mar-20   16:36 )
  Allcargo Logistics to conduct board meeting
 ( Corporate News - 31-Oct-17   11:05 )
  Allcargo Logistics consolidated net profit rises 56.57% in the December 2018 quarter
 ( Results - Announcements 09-Feb-19   16:54 )
  Allcargo Logistics net profit declines 22.29% in the June 2012 quarter
 ( Results - Announcements 08-Aug-12   09:15 )
  Board of Allcargo Logistics approves buyback of equity shares
 ( Corporate News - 08-Nov-16   10:12 )
  Allcargo Logistics consolidated net profit rises 2276.64% in the December 2021 quarter
 ( Results - Announcements 12-Feb-22   08:06 )
  Volumes spurt at Whirlpool of India Ltd counter
 ( Hot Pursuit - 20-Feb-24   14:30 )
Other Stories
  Tridhya Tech to convene board meeting
  03-Jul-24   20:06
  Sonu Infratech schedules EGM
  03-Jul-24   19:59
  Sakuma Exports to convene AGM
  03-Jul-24   19:59
  Time Technoplast repays commercial paper
  03-Jul-24   18:31
  Board of Aditya Vision approves stock split and listing of share on NSE
  03-Jul-24   18:24
  Pricol director resigns
  03-Jul-24   18:21
  Board of VMS Industries recommends first interim dividend
  03-Jul-24   17:49
  Lakshmi Machine Works to declare Quarterly Result
  03-Jul-24   17:44
  Modison to convene AGM
  03-Jul-24   17:43
  Sybly Industries to discuss results
  03-Jul-24   17:43
Back Top