Poh Tiong Choon Logistics Limited (PTCL) is engaged in the principal activities of providing services relating to land transportation, warehousing, stevedoring, container services, equipment renting, leasing and general contracting. As of December 31, 2011, PTCL operated in four segments: Transportation and bulk cargo provides provision of land transportation and stevedoring services and hiring out of equipment; Warehousing provides provision of warehousing and drumming services; Trading includes trading of diesel, and Leasing includes leasing of investment properties to non-related parties. The Company�s operations are principally in the geographical areas of Singapore. On February, 2011, the Group acquired the entire business from Global Pacific Services (S) Pte Ltd.