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RHTLaw Asia acted for Milkyway International Chemical Supply Chain Pte. Ltd., the Singapore subsidiary of Milkyway Chemical Supply Chain Service Co., Ltd. (a company listed on Shanghai Stock Exchange) in its acquisition of 63,360,000 ordinary shares in the capital of Store + Deliver + Logistics Pte Ltd for the consideration amount of S$22,000,000 which represents 100% of the total issued and paid-up share capital of Store + Deliver + Logistics Pte Ltd.
Milkyway is a leading chemical supply chain service provider in China, which provides one stop integrated logistics services with freight forwarding, warehousing and transportation as its core business. It has gradually extended to chemical distribution based on integrated logistics services to provide integrated chemical goods and trade services. Its service modules are developing collaboratively to meet the diversified online and offline needs of customers from different industries and regions. Since its establishment, Milkyway has engaged in its main business and is committed to providing customers with one stop chemical supply chain solutions worldwide.
Store + Deliver + Logistics (SDL) is a specialised chemical warehousing and logistics service provider based in Singapore. SDL is certified for handling dangerous chemicals and has a strong commitment to safe storage, retrieval, handling, distribution and the environment.