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Legion Consortium Limited, 02129.HK - Company Profile
Chairman	Ng Choon Eng
Share Issued (share)	1,250,000,000
Par Currency	Hong Kong Dollar
Par Value	0.01
Industry	Warehousing & Logistic Services
Corporate Profile	Business Summary: The group is a well-established logistics service provider in Singapore offering trucking, freight forwarding and value added transport services to the group's customers. Performance for the year: The group recorded revenues of approximately S$36.7 million, S$40.7 million, S$43.7 million and S$26.6 million for the three years ended 31 December 2019 and the eight months ended 31 August 2020 respectively. The group reported profit for the year of approximately S$6.0 million, S$3.6 million, S$6.1 million and S$3.4 million for the three years ended 31 December 2019 and the eight months ended 31 August 2020 respectively. Business Review Founded in 1995, the group is a well-established logistics service provider in Singapore offering trucking, freight forwarding and value added transport services to the group’s customers. According to the Converging Knowledge Report, the group’s market share of the entire trucking, freight forwarding and general warehousing segments of the logistics sector of Singapore is approximately 0.49% to 0.50%in terms of revenue in 2019. The group have developed reputation as an integrated logistics solution provider equipped with a vehicle fleet, three logistics yards, and experienced management team. As at the Latest Practicable Date, the group have a total of 144 employees of which 52 are transportation (drivers) that support the group’s vehicle fleet comprising 56 prime movers, 500 trailers and three flat vans, and machineries comprising two reach stackers and two forklifts, which are either self-owned or financed through hire-purchase. Depending on the group’s capacity and in order to enhance the flexibility and cost effectiveness of the group’s services, the group engage subcontractors to carry out certain trucking services. As at the Latest Practicable Date, the group is operating three logistics yards of approximately 38,240 sq. m. for the provision of the group’s open-yard storage services as part of the group’s value added transport services. Prospects: The group aim to strengthen the group’s position as the provider of trucking, freight forwarding and value added transport services in Singapore. To achieve this, the group intend to focus on the following strategies Expand and upgrade the group’s fleet size and machinery Expand and enhance the group’s value added transport services and operational scale through the strategic acquisition of a logistics company which provides warehousing services and the expansion of the group’s open-yard storage services Continue to develop the group’s leading market position in Singapore by maintaining long-term relationships with the group’s five largest customers and suppliers and expand the group’s customer base Further strengthening the group’s labour resources and continue to attract, train and retain skilled employees to support future growth and expansion

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