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

- Becoming a major international shipping port operator, extending Multimodal Transportation- Partnering with fellow ESCO shareholder PSA Singapore, world's largest terminal operator BANGKOK, July 27, 2021 - (ACN Newswire) - JWD InfoLogistics PLC (JWD), specialized in ASEAN logistics and supply chain solutions, announces a major investment, when on July 23 it agreed to acquire a 20% stake in ESCO, a Thai shipping container port operator and supply chain operator, with PSA Singapore, the world's largest port operator by equity-weighted throughput, as ESCO shareholder. With the acquisition, JWD will become a major international container terminal operator at Laem Chabang Deep-Sea Port and inland container depot (ICD) service provider at Ladkrabang, increasing its capability for multimodal transportation services, by land, sea and rail. JWD InfoLogistics (SET: JWD), ASEAN top specialist in supply chain solutions, will acquire up to 20% of ESCO, the operator of international container terminals at 3 locations within Thailand's Laem Chabang deep-sea port. Mr Charvanin Bunditkitsada, Executive Committee Chairman and CEO of JWD, said "This investment is in line with our 5-year strategic p...