Leo Global Logistics Public Company Limited (mai: LEO) has informed the Stock Exchange Company that the company’s Executive Committee Meeting No. 2/2025 held on 3 February 2025 had resolutions to approve the joint investment between Leo Sourcing & Supply Chain Co., Ltd. (LSSC), a subsidiary of the company, with Yunnan Xiaomaolv Information Technology Co., Ltd.
Both companies agreed to jointly invest in Leo Jitu Information Technology Co., Ltd., to import, rent, and sell power banks and electric bicycles through the application, advertising services through devices or application, data storage services for market analysis, communication technology services, and investment in real estate development.
Leo Jitu has a registered capital of THB 5,000,000, with LSSC holding THB 2,550,000 or 51% of the company stakes, while Yunnan Xiaomaolv holding THB 2,450,000 or 49% of the company. The transaction is set to take place within March 2025.
