SINGAPORE (Mar 26): Gaylin Holdings has entered into a non-binding letter of intent (LOI) with Lighthouse Logistics and Danny Lien to acquire 100% stake in Amos International Holdings.

The consideration for the acquisition has yet to be agreed on but is to be fully satisfied by the issuance of new Gaylin shares.

Amos International is a marine and offshore services company that provides supplies, services and logistic solutions to the maritime fleet and offshore oil and gas operators, and has operations in Singapore, Shanghai and Hong Kong.

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