Core Viewpoint - New Century Logistics (BVI) Limited has signed a Letter of Intent to acquire 51% of Asiatic Logistics Limited, aiming to enhance its presence in Asia and develop a comprehensive global logistics ecosystem [1][2] Group 1: Acquisition Details - The acquisition of 51% equity in Asiatic represents a strategic upgrade from previous cooperation, focusing on shared benefits and operational synergies [2] - The specifics of the acquisition, including purchase price and payment terms, will be finalized in a formal agreement considering Asiatic's financial performance and market conditions [4] Group 2: Strategic Importance - The acquisition is expected to strengthen New Century's position in the Asian market, particularly by leveraging Asiatic's established network and services in Japan and Southeast Asia [6] - New Century plans to designate Japan as a key strategic hub, enhancing regional and transcontinental operations [5] Group 3: Operational Synergies - The integration of Asiatic's operations with New Century's existing routes will create a seamless logistics corridor connecting Asia, Europe, and the Middle East [6] - Collaboration will include sharing resources such as warehousing and transportation, optimizing costs and improving market penetration [6] Group 4: Future Plans - New Century aims to develop customized e-commerce logistics products in response to the growth of the Japanese cross-border e-commerce market, offering expedited logistics services [11] - The company plans to enhance digital capabilities by integrating its supply chain visualization system with Asiatic's management platform for improved cargo tracking and efficiency [11]