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Timescan Logistics (India) LimitedImportant, 09-07-2026: Disclosure of material issue

09-07-2026 | 04:10 pm

Timescan Logistics (India) has incorporated a new subsidiary, PT Guangzhou Uniglobal Logistics Indonesia, in Indonesia. This strategic move aims to expand the company's logistics and freight forwarding services into the Indonesian market. Timescan Logistics holds a 95% stake in the new entity, with an initial subscription of Rp. 2,375,000,000. The subsidiary is yet to commence business operations, so it currently has no turnover. This expansion allows the company to tap into a new geographical market, potentially boosting its future growth and international presence in the logistics sector.

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