Canadian IPO
Company Name : PBB Global Logistics Income Fund
Company Profile
Filing Date : 3/25/2002
Exchange : TSE
Eligibility : British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Nunavut, Northwest Territories
Underwriters :
CIBC World Markets Inc., TD Securities Inc., Scotia Capital Inc., Canaccord Capital Corp.
Associations :
Issuer's Law Firm : Torys
Underwriter's
Law Firm : Fasken Martineau DuMoulin
Auditor : KPMG LLP
Transfer Agent : CIBC Mellon Trust Company
Business Description :
PBB Global Logistics Income Fund is a limited purpose trust established under the laws of the Province of Ontario on March 22, 2002. It has been created to hold, directly or indirectly, the securities of PBB Global Logistics Inc. "PBB".
PBB is one of Canada's leading providers of third party international logistics services, facilitating the movement of goods across North America and around the world. Founded in 1946, PBB provides supply chain solutions from the point of origin of goods to their point of consumption, including customs brokerage, freight, warehousing and distribution, and trade, regulatory and other services. PBB has over 56 years' experience in the industry, approximately 900 employees in over 70 offices located at border points and other locations across Canada and the United States and has established relationships with a world-wide network of logistics services providers which enable PBB to offer global service to its approximately 26,000 clients PBB's clients include Airborne Express Corp., Caboodles Cosmetics LLC, Future Shop Ltd., Imperial Oil Limited, McCain Foods Limited, Procter & Gamble Inc., Purolator Courier Limited and Sears Canada Inc.
Industry Category : Trust Units
Company Financials :
Fiscal Year-End : December 31
Financials : Revenue for the year ended December 31, 2001- $79,714,000
Net income for the year ended December 31, 2001 - $2,872,000 |
