Sino International Logistics Company N. V.
Sino International Logistic Company N.V. listed on the Open Market, Frankfurt Stock Exchange, Germany
Sino International Logistic Company N.V. / IPO Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Maastricht, May 31, 2007 – Dutch-based Sino International Logistic Company N.V. (SILC N.V.) announces that as of today its shares are traded on the Open Market of the Frankfurt Stock Exchange in Germany. The nominal capital amounts to € 750,000.00 which equals to 75 million shares at a nominal value of € 0.01 per share. Approximately 73 % of the shares are held by management and approximately 27 % are classified as free float. About Sino International Logistic Company N.V. SILC N.V. focuses on investments and the operation of logistics business throughout China. The company strives to become a multi-function logistics company by providing a comprehensive logistics services portfolio and aspires to form joint ventures with Chinese logistics companies. Currently, the company’s subsidiary, Shanghai Haohai Enterprise Management Co., Ltd, is in advanced negotiations regarding the acquisition of assets of Shanghai Haohai International Trade Co., Ltd, an established company specialized on warehousing in Shanghai, China. Correspondingly, a Letter of Intent was signed on May 16, 2007. The shareholders of Shanghai Haohai International Trade Co., Ltd unanimously approved the business transaction during the shareholders meeting on May 16, 2007. Shanghai Haohai International Trade Co., Ltd provides warehousing and transportation services for both import and export companies. By acquiring the assets of Shanghai Haohai International Trade Co, Ltd, SILC N.V. starts its business activities as a holding and will take a first strategic step into the Chinese logistics market. More information regarding SILC N.V. can be found on the company’s website www.silcglobal.com. Contact: For further questions please contact us under: Corporate Communication Sino International Logistic Company N.V. T: +49-89-211128-126 DGAP 31.05.2007 ----------------------------------------------------------------------
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