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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 a voluntary general offer to acquire all the issued shares of SGX Catalist-listed LHN Logistics Limited. The total offer price for the transaction is S$37,996,016.08.
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.