PSI Group Holdings Ltd. (PSIG)
PSI Group Holdings was planning to go public, but the IPO was withdrawn on Jan 26, 2024.
IPO Price Range
$4.00 - $6.00
Shares Offered
3,250,000
Deal Size
$16.25M

Company Description

PSI Group Holdings is a freight forwarding service provider headquartered in Hong Kong with networks across the globe.

We conduct our operations through our subsidiaries in Hong Kong, Profit Sail Int’l Express (H.K.) Limited and Business Great Global Supply Chain Limited.

Our Operating Subsidiaries provide air and ocean export and import freight forwarding services with optional ancillary logistics related services (such as cargo pick up, cargo handling at ports and local transportation) and warehousing related services (such as repackaging, labelling, palletization, preparation of shipping documentation, arrangement of customs clearance and warehousing) to meet the requirement of our customers.

The Operating Subsidiaries do not own or operate aircraft or vessels. Instead, the Operating Subsidiaries contract asset-intensive third-party carriers to ship freight on our behalf.

Due to larger volume of freight, and our control and ability to consolidate shipments, we are generally able to obtain lower rates per kilogram or container than the shipper would be able to procure by going directly to the carrier.

Due to our experience in providing these services and our understanding of the global transportation network, we are able to provide our customers with highly effective and flexible solutions.

PSI Group Holdings Ltd.
Country Hong Kong
Founded 1993
Industry Integrated Freight & Logistics
Sector Industrials
Employees 37
CEO Hok Wai Alex, KO

Contact Details

Address:
Unit 1002, 10/F, Join-in Hang Sing Centre
No.2-16 Kwai Fung Crescent, Kwai Chung, New Territories
Hong Kong
Phone +852 2754 3320
Website profitsail.com

Stock Details

Ticker Symbol PSIG
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001917890
SIC Code 4731

Key Executives

Name Position
Yee Kit, CHAN Chairman and Director
Hok Wai Alex, KO Chief Executive Officer and Director
Chun Kit, TSUI Chief Financial Officer

Latest SEC Filings

Date Type Title
Jan 26, 2024 RW Filing
Mar 23, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers
Mar 1, 2023 F-1 Registration statement for certain foreign private issuers
Nov 14, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Nov 1, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Sep 19, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Jul 22, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Jun 21, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Mar 22, 2022 DRS [Cover] Draft Registration Statement