Legion Consortium Limited Acquires Prime Movers in Discloseable Transaction
Legion Consortium Limited (HK:2129) has announced the acquisition of Prime Movers through its subsidiary, with transactions dated 18 June 2025 and 17 September 2025. The total consideration is S$1,740,000, funded by internal resources and bank financing. This is classified as a discloseable transaction under the Listing Rules, necessitating reporting and announcement. Legion Consortium, incorporated in the Cayman Islands, provides logistics services in Singapore, including trucking and freight forwarding. Current market cap is HK$162.5M with an average trading volume of 441,015.
Legion Consortium Limited ( (HK:2129) ) has shared an update.
Legion Consortium Limited announced the acquisition of Prime Movers through its wholly-owned subsidiary, with transactions occurring on 18 June 2025 and 17 September 2025. The total consideration for these acquisitions is S$1,740,000, funded by internal resources and bank financing. This transaction is classified as a discloseable transaction under the Listing Rules, requiring reporting and announcement due to the applicable percentage ratios.
More about Legion Consortium Limited
Legion Consortium Limited is a company incorporated in the Cayman Islands with limited liability and is listed on the Main Board of the Stock Exchange. Through its subsidiaries, it is principally engaged in providing well-established logistics services in Singapore, offering trucking services, freight forwarding services, and value-added transport services to customers.
Average Trading Volume: 441,015
Technical Sentiment Signal: Buy
Current Market Cap: HK$162.5M
