Wice intends to raise funds for subsidiary through MAI listing

Wice intends to raise funds for subsidiary through MAI listing

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Containers are imagined at Wice’s cross-border transport centre. SET-listed Wice Logistics is preparing to list subsidiary Euroasia Total Logistics (ETL) on the Market for Alternative Investment (MAI) to raise funds to broaden its cross-border logistics company inbetween Europe and Asia. ETL is a Thai business that offers incorporated cross-border transportation and prepares to float up to 128.76 million shares in its preliminary public offering (IPO), representing 27% of the business’s paid-up capital on the secondary bourse, for 0.50 baht each. ETL handling director Krishavan Chuecharoenchai stated the continues would be utilized to broaden the business’s operations as ETL intends to broaden cross-border shipment paths in numerous nations throughout Asia and Europe through the combination of transportation, both in terms of roadway and rail. “The objective is to deal a logistics service that is quick, versatile and effective in order to assistance the growing company sector and to satisfy altering needs amongst carriers,” she stated. The business’s
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