The Competition and Consumer Commission of Singapore (“CCCS”) has cleared the proposed acquisition by ARA Logistics Ventures I Limited (“ARA Logistics”) of shares in LOGOS China Investments Limited (“LOGOS”) (collectively, the “Parties”) (the “Proposed Transaction”).

Following its assessment, CCCS has concluded that the Proposed Transaction, if carried into effect, will not infringe the section 54 prohibition of the Competition Act (Cap. 50B) (the “Act”).

Read the full media release here.