Freight Consolidators Pte. Ltd agreed to acquire additional 19% stake in LCM Co., Ltd from Vinalink International Freight Forwarders (HOSE:VNL) on October 8, 2015. Freight Consolidators will own 70% stake in LCM post-closing.

Board of Directors of Vinalink International Freight Forwarders approved the transaction on October 8, 2015. The transfer will start from October 10, 2015.