News

Dear Valued Client,

We are pleased to inform you that “Velogic Holding Company Limited” will soon be listed on the DEM market of the Stock Exchange of Mauritius.

Velogic combines over 50 years of experience and in-depth expertise in the logistics business. The Company has a clear and ambitious growth strategy and leverages on its key competitive advantages through its extensive resources, networks and capabilities. It has a proven track record in the industry and has consistently delivered outstanding financial performances over the past years. Velogic’s purpose is to make trade easier for its clients by enabling them to get the best logistics solutions, providing relevant information proactively and helping them grow their business. Velogic simplifies the complexities of international trade and logistics for its customers by integrating the best available solutions. It offers its customers an integrated and comprehensive logistic solution with a wide range of services including freight-forwarding, customs brokerage, haulage, warehousing, express parcel & courier services, container-related services, maritime transport services, ship agency, packaging of special sugars and project cargo handling.

Hereunder are some Salient Features of the Listing:

• Offer for sale up to 31,580,206 Ordinary shares of the company at an initial price of MUR 25.00 per share.
• The opening date for subscription is 19 November 2021
• The closing date for subscription is 03 December 2021
• Transaction will take place on the Stock Exchange on 15 December 2021.
• Fees for transaction will be borne by the buyer (1.25%).

Application form should reach our offices and the sum to be invested + 1.25% should be credited to our bank account MCB 000 010257918 by latest 03 December 2021.

We remain at your disposal for any further information.

Regards,

MUA SB TEAM