JWD-SCGL share swap moves ahead according to completed plan

JWD InfoLogistics Public Company Limited (JWD) completed the share swap transaction with SCG Logistics Management Company Limited (SCGL) according to the merger plan, the Company’s name will be changed to “SCGJWD LOGISTICS PUBLIC COMPANY LIMITED” and will start using the new trading symbol “SJWD” effective on February 17. This significant move will elevate the merged Company to become the largest logistics and supply chain service provider in the ASEAN region pertaining to the customer base and increased asset, with services covering customers in the B2B, B2B2C and C2C groups, through from upstream, midstream to downstream of all industrial groups and increasing business expansion capability from a strong capital structure.