Thai freight forwarder JWD has agreed a $15m deal for a significant 20% stake in Laem Chabang terminal operator Eastern Sea Laem Chabang Terminal (ESCO).
The family of JWD chairman and CEO Charvanin Bunditkitsada own more than 42% of the shares in the forwarder which will become a partner of global terminal operator PSA SE Asia in Bangkok when the deal is finalised in October.
Mr Bunditkitsada said: “The company has set …
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Source: The Loadstar