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HomeBusinessSECURE LOGISTIC AND TRAX MERGER: PAVING THE WAY FOR PAKISTAN'S LEADING 4...

SECURE LOGISTIC AND TRAX MERGER: PAVING THE WAY FOR PAKISTAN’S LEADING 4 PL LOGISTICS COMPANY

Secure Logistic Group Ltd (SLGL) aur Trax Online (Pvt.) Limited (TRAX) ne apne businesses ko merge karne ka faisla kiya hai. Dono companies ke shareholders ko SLGL ke shares milenge, aur ye combined company ab SLGL ke platform par operate karegi. Ye merger Companies Act 2017 ke mutabiq scheme ke zariye kiya jaayega, jo shareholders ki approval aur High Court ki sanction se poora hoga. Ye process 31 December, 2024 tak mukammal hone ki umeed hai.

Dono parties ne aik Term Sheet sign ki hai jo key terms aur conditions ko document karti hai. Ye terms future agreements aur High Court ki sanction ke liye foundation banayengi. 

SLGL aur TRAX ke merger se aik powerful 4 PL logistics company banegi. Is amal se fixed aur variable costs mein kami hogi, SLGL ke commercial assets aur TRAX ki mazboot technology platform ka faida uthate hue dono companies ki growth mazid barhegi. 

Combined entity ab 300 se zyada corporate clients aur hazaron SMEs ko mukhtalif business lines aur segments mein serve karegi.

SLGL aik established logistics company hai jo long-haul distribution, asset tracking (IOT), aur security services mein kaam karti hai. Is company ka 14 saal ka operational experience hai, aur Pakistan Stock Exchange par list bhi hai jahan iska trading symbol SLGL hai.

TRAX aik tech-enabled supply chain leader hai jo logistics services mein kaam karta hai, jin mein Last Mile, Retail, Bulk, Banking, International, Warehousing aur fulfilment shamil hain. TRAX ke technology platforms B2B merchants ke liye end-to-end logistic solutions provide karte hain, jisme deliveries aur payments ka process aasaan hota hai. TRAX ke 12,000 se zyada active clients hain jo ke mulk bhar ke 650+ shehron aur towns mein delivery network ke zariye served hotay hain. Ab tak, TRAX ne 32 million se zyada packages book aur deliver kiye hain.

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