STARS UPDATES VOL.8/2021

*|MC:SUBJECT|*

JWD to acquire 20% stake in ESCO,
sealing partnership with PSA

Stars Updates Vol 08/2021
TH | ENG

SPECIAL SCOOP

JWD announces the biggest deal in the past 42 years ever!!
“JWD to acquire 20% stake in ESCO, sealing partnership with PSA”
bolstering capability in Multimodal Transportation services: by land, sea and rail and has become a major terminal operator at Laem Chabang.

JWD splurged on a major investment this year by buying up to 20-percent effective shares in Eastern Sea Laem Chabang Terminal or ESCO, a key container terminal operator at the Laem Chabang Deep-Sea Port in Chonburi Province and an inland container depot (ICD) service provider at Ladkrabang. JWD’s share acquisition will result in JWD becoming a business partner of PSA, who manages and operates Singapore’s world-class transshipment hub, as PSA is also a shareholder in ESCO.

The investment is in accordance with the 5-year strategic plan in acquisition and scaling up of JWD Transport – to increase its capability to more effectively provide multimodal transportation logistics that will have connectivity with various modes of transportation such as road, rail and sea and to expand the customer base from the international container terminal and the ICD at Ladkrabang for the use of the Company’s integrated logistics services.

ESCO Services

1. The operator of international container terminals at three locations within Laem Chabang Deep-Sea Port,
namely,
(1) ESCO (B3)
(2) LCB1 (B1) terminal
(3) LCMT (A0) terminal

The ports were handling around 2 million TEUs of containers, amounting to about 20 percent of the total containers that were processed through Laem Chabang Deep-Sea Port in the past year.

2. An inland container depot (ICD) service provider at Ladkrabang
to handle containers for various shipping lines that are not located close to Laem Chabang Port, to help reduce lead time and transportation cost.

The revenue is derived from the operation of the container yard, import and export warehouses along with customs clearance services, as well as the furbishment and transportation of containers through land and rail.

The investment in ESCO is the expansion of JWD’s business towards fully becoming a major international container terminal operator at the Laem Chabang Deep-Sea Port, as currently the Company has the right to operate Coastal Port A within Laem Chabang awarded by the PAT and is the operator of the MIPEC container port in Hai Phong, Vietnam through the shareholding in Transimex, which is a major logistics service provider in Vietnam.

JWD ON MEDIA

JWD moves a step closer to take up to 20% effective shares in ESCO
over 2 stages In partnership with PSA, world’s largest terminal operator by weighted equity throughput To become major international terminal operator at Laem Chabang

JWD) splurged on a major investment this year by buying up to 20-percent effective shares in ESCO over 2 stages. ESCO is a container terminal and supply chain operator in Thailand, of which one of the shareholders is PSA, the world’s largest terminal operator by weighted equity throughput. This has allowed JWD to become a major international container terminal operator at the Laem Chabang Deep-Sea Port and an inland container depot (ICD) service provider at Ladkrabang, to increase the capability for multimodal transportation services, by land, sea and rail.

Read more, click here!

Offline Media

Hooninside Magazine | 29 July 2021

Daily News Newspaper | 29 July 2021

CORPORATE EVENTS

JWD supports Oxygen Concentrators to Ratchaphiphat Hospital

On 21 July, JWD played a part in helping fellow Thai people to pass through COVID-19 crisis by presenting 20 Oxygen Concentrators to Ratchaphiphat Hospital for COVID-19 patients assistance.

Mr. Jitchai and Mrs. Achara Nimitpanya sponsor ‘Sealect Daily’ food products to aid people during COVID-19 period.

On 15 July, Mr. Jitchai Nimitpanya, Deputy CEO, Mrs. Achara Nimitpanya, Director of Cold Chain Group, Mr. Suksan Yasasin, Vice Chairman of the Board, Chayo Group PCL. and Mr. Wirot Charoentra, Pre-Built Holding Ltd. presented ‘Sealect Daily’ food products to Mr. Suchart Chomklin, Minister of Labour to further assist people during the COVID-19 situation.

JWD extends its business to Pharma & Healthcare Transportation and Specimen Collection Management.

On 12 July, JWD Group, led by Mr. Charvanin Bunditkitsada, CEO and Mr. Tanate Piriyothinkul, Chief Commercial Officer together with Dr. Chuchart Winitwatanakun, Chief Executive Officer of Future Health Innovation Technology Ltd. or Finno Health and Mr. Abhisit Uttarawichien, Chief Executive Officer of Fondooz Services Technology joined in the press conference of ‘Database System Development and Artificial Intelligence Processing for COVID-19 Diagnosis with Mass Spectrometry Technique Project’ by Thai Red Cross Emerging Infectious Diseases Health Science Centre, Faculty of Medicine, King Chulalongkorn Memorial Hospital. The technique applies information technology with appropriate medical innovation to drive different business models for addressing the upcoming disruption after this critical COVID-19 pandemic situation.

Realizing the importance of the development and researches by this project’s researchers, JWD has consequently contributed to the advance of Healthcare Logistics & Supply Chain Business which facilitates the disease control efficiency for both government and private sectors. Furthermore, it supports research projects in the process of the preparation, the specimen collection and Supply Chain process that reaches international transportation – with the sorting of pharma and healthcare transportation as well as specimen collection management for its group’s future development of new business models.

Mr. Jitchai and Mrs. Achara Nimitpanya donate consumer products worth 200,000 Baht.

On 7 July, Mr. Jitchai Nimitpanya, Deputy CEO and Mrs. Achara Nimitpanya, Director of Cold Chain Group presented consumer goods worth 200,000 Baht to Mr. Suchart Chomklin, Minister of Labour for further assistance to labor groups according to the current worker camp closure measure in fighting against COVID-19.

Invite All JWD staff to get a vaccine to prevent getting sick and increase immunity against COVID-19

JWD Group cares about our employee’s health therefore we support our employees at all sites to be vaccinated. Currently, there are 3 companies that received the Covid-19 vaccine covers the most employees as following;

1. Autologic LCB, Km.19, Km.22, Samrong

2. JWD Art Space

3. JWD Asia

We would like to invite all JWD staff to get a vaccine to prevent getting sick and increase immunity against COVID-19. Getting vaccinated can also protect people around you, because if you are protected from getting infected and from disease, you are less likely to infect someone else. This is particularly important to protect people at increased risk for severe illness from COVID-19

Share your comments and information about JWD Group
E-mail: pr@jwd-logistics.com
Tel: 02-710-4000 #2008