Tag: Delivery Services

SINGAPORE, July 11, 2025 (GLOBE NEWSWIRE) -- Premium Catering (Holdings) Limited (“PC” or the “Company”) (Nasdaq: PC), announced that the members approved a share consolidation (“Reverse Stock Split”) of the Company’s authorized and issued Ordinary Shares at a ratio from 1 for 2 to 1 for 18 (the “Range”) at an Extraordinary General Meeting (“EGM”) held today. Following the EGM, the Board of Directors authorized a Reverse Stock Split of 1:9 for all shareholders of record on July 21, 2025. The Company’s Ordinary Shares are expected to begin trading on a Reverse Stock Split adjusted basis on the Nasdaq Capital Market as of the open of trading on July 22, 2025 under the existing ticket symbol of “PC”.

The global logistics market size is expected to be worth approximately USD 23.14 trillion by 2034, increasing from USD 11.23 trillion in 2025, fueled by booming e-commerce, tech adoption, and infrastructure initiatives.

According to Towards Packaging consultants, the global upcycled materials in packaging market is expected to witness significant growth during the forecast period from 2025 to 2034. Driven by evolving industry trends, increasing demand, and technological advancements, the market is projected to expand at a steady pace, highlighting its rising importance across various sectors worldwide.