JWD Inks Project Cargo Investment Deal with Bok Seng

BackNov 08, 2018

Mr. Charvanin Bunditkitsada (fourth from left), Chairman of the Executive Committee and Chief Executive Officer Mr Jitchai Nimitpanya (third from left) deputy CEO of JWD InfoLogistics Public Company Limited (JWD), and Mr. Ng Lian Soon (third from right), Chairman of Bok Seng Logistics Pte Ltd, signed an agreement to establish JWD Bok Seng Logistics (Thailand) Co., Limited as a Thailand-incorporated joint-venture company with a registered capital of THB 4 million, of which shares will be held by JVK (a subsidiary of JWD) at 60% and Mr. Ng Lain Soon (major shareholder of Bok Seng) at 40%, in order to conduct project cargo logistics activities (e.g. transport of heavy machines, relocation of oil exploration platforms, etc.), which require specialised know-hows and expertise, in Thailand and Laos.