KUALA LUMPUR: Logistics solutions provider AGX Group Bhd
’s associate company, All-Link Singapore, has submitted its application for a corporate exercise to the Singapore Exchange Securities Trading Ltd that will see AGX’s effective equity interest in the company diluted from 30 per cent to about 23.2 per cent.
The exercise, expected to be completed by the third quarter of 2026, allows the group to "retain a meaningful exposure to All-Link’s future growth while benefiting from the corporate exercise,” AGX said in a statement today.
AGX group chief executive officer Datuk P. Ponnudorai said the exercise marks an important milestone in the evolution of the Group’s investment portfolio.
"It reflects the progress All-Link has made in establishing itself as a reliable regional logistics player, particularly in high-growth segments.
"From AGX’s perspective, the corporate exercise represents a key step in crystallising the value of our
investment in All-Link,” he said.
Ponnudorai said with the corporate exercise, All-Link will benefit from enhanced market
transparency, stronger governance standards and improved access to capital, which are expected to
support its next phase of growth.
This, in turn, strengthens the visibility and quality of AGX investment returns, while providing greater flexibility for future capital management initiatives as the group continues to embark in All-Link’s growth journey.
According to AGX, the corporate exercise is expected to position All-Link for its next phase of growth, while enabling AGX to benefit from enhanced transparency, improved earnings visibility and a stronger
platform for long-term value creation.
"The group will continue to adopt a disciplined approach in managing its investment portfolio as it seeks to deliver sustainable returns to shareholders,” it added.
All-Link is a regional logistics solutions provider based in Singapore and its business is anchored in its
strong air freight capabilities, particularly United States-bound air cargo from China and Southeast Asia, with a focus on e-commerce and electronics and high-tech shipments. - Bernama
