News about Sical Logistics Limited
January 25th, 2008
The media had reports that Sical Logistics Limited may acquire a freight forwarding company.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Sical Logistics Limited has vide its letter inter-alia stated, “The Company has been looking at its presence in freight forwarding business for quite some time now, but has not reached any definitive agreement or concluded talks with any person/firm to acquire any freight forwarding company; neither any proposal in this regard has been put up to the Board of Directors of the company.”
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