Leo Global Logistics Public Company Limited (LEO), an end–to–end global logistics service provider from Thailand with a global network, recently entered the Market for Alternative Investment (MAI) and received interest from many investors in the market.
LEO plans to make national and international business expansions from the stock investment of about 410 THB, including LEO Self-Storage service and two E-Fulfillment Centers. The Company will also develop a cross-border transportation system to Myanmar and enlarge the space for its container depot service within the year 2021. Later this year, LEO plans to start mergers and acquisitions with its company cash flow combined with the stock investment in Thailand and other ASEAN countries.
“LEO stock is deemed a ‘New Normal’ stock with high potential growth, which supports people’s changed lifestyle today. After the spread of COVID-19, more Thai and foreign consumers purchase goods from e-commerce businesses. As a freight forwarder with a network covering 190 countries around the globe, the evolved behavior of consumers offers us an opportunity for more growth and gross margins,” said Mr. Kettivit Sittisoontornwong, Chief Executive Officer of Leo GEO.
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