Southeast Asian logistics firm prepares US$500 million IPO to fund regional expansion

A Southeast Asian logistics company is preparing a US$500 million IPO to expand fulfillment hubs and modernize infrastructure.

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Southeast Asian logistics firm prepares US$500 million IPO to fund regional expansion

Southeast Asian logistics firm prepares US$500 million IPO to fund regional expansion
A fast-growing Southeast Asian logistics firm is preparing a US$500 million initial public offering aimed at boosting cross-border delivery networks and automation capacity. The company plans to expand fulfillment hubs in Indonesia, Vietnam and Thailand, targeting rising e-commerce volumes and increasing demand for fast-turnaround shipping. Bankers familiar with the deal expect the IPO to attract institutional investors focused on supply-chain digitization. Proceeds will be used for new distribution centers, last-mile infrastructure modernization and technology upgrades. 
The prospective listing reflects momentum in Asia’s logistics sector amid strong consumption and manufacturing shifts.