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FMH Group enhances integrated logistics network in Australia with proposed acquisition of Border Express

Freight Management Holdings Pty Ltd ("FMH"), a subsidiary of Singapore Post Limited ("SingPost" and "Group"), has entered into a conditional sale and purchase agreement with the shareholders of Border Express, Australia's 6th largest pallet and parcel distribution operator, for a maximum purchase consideration of A$210 million (approximately S$183 million). ....

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SingPost CEO: this acquisition solidifies FMH as a leading logistics provider

SingPost’s Australian business expands integrated logistics network in Australia with proposed acquisition of Border Express. ....

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As postal rates rise tomorrow, SingPost eyes a future beyond post

The firm's core business incurred an operating loss of $16 million in the 2022/2023 financial year. Read more at straitstimes.com. ....

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