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Invitation in respect of 92,000,000 Invitation Shares comprising 46,000,000 New Shares and 46,000,000 Vendor Shares as follows: (1) 2,000,000 Offer Shares at the Invitation Price (as defi ned herein) of S$0.22 for each Offer Share by way of public offer; and (2) 90,000,000 Placement Shares at the Invitation Price (as defi ned herein) of S$0.22 for each Placement Share by way of Placement Shares Application Forms (or such other forms of application as the Issue Manager may, in consultation with the Company, deem appropriate), Transportation Management Services • We believe we are one of the leading transportation management services providers in Singapore. • Using our extensive fl eet, we provide trucking services for both laden and empty containers between the ports and our warehouses or other designated destinations, and transportation services for oil and gas equipment, including equipment used for the construction of oil rigs. • Through our “Dry Hubbing” services, we manage the transportation and inventory of laden containers at dedicated storage facilities, pending shipment by our customers. • Other services include ancillary retrieval and transportation services such as the transportation of petroleum and chemical products from Jurong Island, and transportrelated handling services such as trade and inbound customs documentation. Warehousing and Container Depot Management Services Warehousing Management Services • Through our warehouses in various locations in Singapore, we provide storage space for electronic components, non-perishable items and other general products. • We are licensed by the National Environment Agency (“NEA”), Pollution Control Department and the Singapore Civil Defence Force to store a diverse range of chemicals and hazardous materials at some of our warehouses where we ensure that all chemicals and compounds are handled by qualifi ed and trained personnel. • Our services include packing, palletisation, forklift handling and chemical drumming services for petrochemical-related customers. Container Depot Management Services • We believe our container depot is one of the largest in Singapore which can store more than 20,000 TEUs in a single location. • With our fl eet of reach stackers, handlers and forklift trucks, we are able to stack empty containers up to a maximum height of nine containers, thereby optimising storage space and volume. • We assess the condition of all incoming containers, and offer cleaning, maintenance and repair works on containers at the request of our customers. Automotive Logistics Management Services • We focus solely on the processing, transportation and storage of motor vehicles, assisting our customers with port and customs clearance, vehicular transportation, warehousing and delivery. • We are licensed by the Singapore Customs to store dutiable motor vehicles on multiple sites under one Licensed Warehouse licence, which enables us to store vehicles at a site closest to our customers. • We are also involved in Export Processing Zone operations which include the de-registration process and export of second-hand motor vehicles. • In addition, we assist the Land Transport Authority in the repossession of cars which have outstanding road taxes and the impounding of illegally modifi ed cars, and the Singapore Police Force in removal and towing of accident vehicles.
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