Secure Logistics Group Inks Deal to Provide Transport Services to Maersk

Secure Logistics Group Limited (PSX: SLGL) has entered into an arrangement to provide transport services to Maersk West and Central Asia Limited (Maersk), the company informed the main bourse on Tuesday. “This corporate onboarding of SLG as one of the Transport Service Provider[s] to Maersk aligns with SLG’s objectives to become a leading domestic Logistic Services Provider,” the stock filing stated. SLGL is also engaged in discussions with Maersk regarding a similar arrangement under SLG’s TIR License, whereby the company will provide similar services to Maersk starting with the Regional Markets including the Central Asian countries. This announcement is made in accordance with the relevant regulatory requirements and aims to keep our valued shareholders and the public informed about the latest developments in our business operations,” the filing added. At the time of filing, SLGL’s scrip at the bourse was Rs. 15.68, up 2.96 percent or Rs. 0.45 with over 2.22 million shares on Tuesday.