TS Lines expands Africa services and orders more ships
Taiwanese regional carrier TS Lines has increased its capacity on its Far East-East Africa services ...
TS Group and LC Logistics, respective holding entities for Taiwanese liner operators TS Lines and BAL Container Line, are going ahead with attempts to raise funds from the capital markets.
Both groups have applied for an IPO on the Hong Kong Stock Exchange, filing applications on 28 and 24 October, respectively, with fund-raising targets and a timeframe for the listings not firmed up as yet.
JP Morgan and China Merchants Securities International are joint bookrunners for TS Group’s IPO.
TS says in its ...
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