SET-listed Wice Logistics is preparing to list subsidiary Euroasia Total Logistics (ETL) on the Market for Alternative Investment (MAI) to raise funds to expand its cross-border logistics business between Europe and Asia.
ETL is a Thai company that provides integrated cross-border transport and plans to float up to 128.76 million shares in its initial public offering (IPO), representing 27% of the company's paid-up capital on the secondary bourse, for 0.50 baht apiece.
