SembCorp Logistics

Last updated
SembCorp Logistics
Company type Public
Industry Transportation
FoundedSingapore
DefunctMay 2006
FateAcquired by Toll Holdings
Successor Toll Holdings
HeadquartersSingapore
Parent Sembcorp
Website www.semblog.com

SembCorp Logistics Limited (also known as SembLog) was a logistics company previously linked to Sembcorp based in Singapore. It was acquired by Australian transport giant, Toll Holdings in May 2006. [1] [2]

Before being taken over by Toll, SembCorp Logistics was a component of the Straits Times Index of the Singapore Stock Exchange (SGX) having been incorporated on 22 February 1971 as Sembawang Towing Co Pte Ltd and listed on the SGX on 18 June 1987. Over time, the company's operations have changed from marine towing to supply chain management and offshore logistics. [3]

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References

  1. "Toll's Asian growth platform successfully secured" (PDF) (Press release). Toll Holdings. 2006-05-03. Archived from the original (PDF) on 2011-07-06. Retrieved 2006-06-04.
  2. Toll to acquires Singaporean logistics firm ABC News 6 March 2006
  3. Newswires, Shen HongDow Jones (2001-02-20). "SembCorp Logistics' Net Profit Jumped By 34% in 2000 on Stronger Core Areas" . Wall Street Journal . ISSN   0099-9660 . Retrieved 2021-09-21.