{"id":870092,"date":"2025-08-04T12:49:47","date_gmt":"2025-08-04T16:49:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/"},"modified":"2025-08-04T12:49:47","modified_gmt":"2025-08-04T16:49:47","slug":"vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/","title":{"rendered":"Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm<\/b><\/p>\n<p>SINGAPORE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Vantage Corp (NYSE American: VNTG) (\u201cVantage\u201d or the \u201cCompany\u201d)<\/b>, a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, today announced that its wholly owned holding subsidiary, Vantage (BVI) Corporation, has signed a non-binding Letter of Intent (\u201cLOI\u201d) to acquire a Singapore-based exempt private company engaged in shipbroking services.<\/p>\n<p>\nThe planned acquisition represents a key step in Vantage\u2019s strategy to broaden its footprint in the maritime sector and enhance its service offerings in vital Southeast Asian markets. This initiative underscores the Company\u2019s commitment to scaling its operational capabilities by investing in talent and expanding the reach of its shipbroking services through strategically targeted inorganic growth.<\/p>\n<p>\n\u201cWe are excited to partner with a respected Singapore-based shipbroking firm whose core mission, vision, and values closely align with ours, creating clear synergies for future growth,\u201d said Vantage Corp CEO Andresian D\u2019Rozario. \u201cApart from boosting sales, acquiring top tier talent, among a myriad of other benefits, this acquisition further fuels the Vantage footprint in Singapore, which is a necessary primer as we aim to scale within Southeast Asia and globally. Looking ahead, we intend to acquire world-class shipbroking firms that are accretive to our company and will ultimately maximize shareholder value.\u201d<\/p>\n<p>\nThe LOI outlines a framework for the potential acquisition of the Singapore-based company, subject to the completion of customary due diligence, regulatory approvals, and the execution of definitive agreements. In line with Vantage (BVI) Corporation\u2019s confidentiality obligations, further details will be disclosed upon finalization of definitive agreements.<\/p>\n<p><b>About Vantage Corp<\/b><\/p>\n<p>\nFounded in 2012 by five seasoned shipbrokers, Vantage Corp provides comprehensive shipbroking services, including operational support and consultancy services, in the tanker markets, covering clean petroleum products (\u201cCPP\u201d) and petrochemicals, dirty petroleum products (\u201cDPP\u201d), biofuels and vegetable oils. Vantage Corp also has a sales &amp; projects team, a research\/strategy team and an IT team. Vantage over the years has emerged as a trusted intermediary and a pivotal ink between oil companies, traders, shipowners, and commercial managers, ensuring smooth logistical flow for cargo deliveries to timely demurrage and claims settlements. Through its 100%-owned subsidiary Vantage (BVI) Corporation, Vantage Corp operates a growing network of regional subsidiaries, including Vantage Shipbrokers Pte Ltd (Singapore) and Vantage Nexus Commercial Brokers Co., L.L.C (UAE). Vantage Corp was listed on the New York Stock Exchange in 12 June 2025. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.vantageshipbrokers.com%2F&amp;esheet=54301700&amp;newsitemid=20250804517271&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.vantageshipbrokers.com%2F&amp;index=1&amp;md5=6a0af8159a40699ae416d89fa5b8eef7\">https:\/\/www.vantageshipbrokers.com\/<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the intended use of the proceeds. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as \u201canticipate\u201d, \u201cestimate\u201d, \u201cexpect\u201d, \u201cproject\u201d, \u201cplan\u201d, \u201cintend\u201d, \u201cbelieve\u201d, \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201ccan have\u201d, \u201clikely\u201d and other words and terms of similar meaning. Forward-looking statements represent Vantage\u2019s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the \u201cRisk Factors\u201d section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company&#8217;s filings with the SEC, which are available for review at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54301700&amp;newsitemid=20250804517271&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=6a63ed32b191da38c0965653b14d26e1\">www.sec.gov<\/a>. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804517271r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250804517271\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250804517271\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>John Yi and Steven Shinmachi<br \/>\n<br \/>Gateway Group, Inc.<br \/>\n<br \/>949-574-3860<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:VNTG@gateway-grp.com\">VNTG@gateway-grp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Singapore Southeast Asia Asia Pacific<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Maritime Chemicals\/Plastics Transport Oil\/Gas Manufacturing Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250804517271\/en\/2541195\/3\/Vantage_Corp.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm SINGAPORE&#8211;(BUSINESS WIRE)&#8211;Vantage Corp (NYSE American: VNTG) (\u201cVantage\u201d or the \u201cCompany\u201d), a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, today announced that its wholly owned holding subsidiary, Vantage (BVI) Corporation, has signed a non-binding Letter of Intent (\u201cLOI\u201d) to acquire a Singapore-based exempt private company engaged in shipbroking services. The planned acquisition represents a key step in Vantage\u2019s strategy to broaden its footprint in the maritime sector and enhance its service offerings in vital Southeast Asian markets. This initiative underscores the Company\u2019s commitment to scaling its operational capabilities by investing in talent and expanding the reach of its shipbroking services through &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-870092","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm SINGAPORE&#8211;(BUSINESS WIRE)&#8211;Vantage Corp (NYSE American: VNTG) (\u201cVantage\u201d or the \u201cCompany\u201d), a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, today announced that its wholly owned holding subsidiary, Vantage (BVI) Corporation, has signed a non-binding Letter of Intent (\u201cLOI\u201d) to acquire a Singapore-based exempt private company engaged in shipbroking services. The planned acquisition represents a key step in Vantage\u2019s strategy to broaden its footprint in the maritime sector and enhance its service offerings in vital Southeast Asian markets. This initiative underscores the Company\u2019s commitment to scaling its operational capabilities by investing in talent and expanding the reach of its shipbroking services through &hellip; Continue reading &quot;Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-04T16:49:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804517271r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm\",\"datePublished\":\"2025-08-04T16:49:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\\\/\"},\"wordCount\":687,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250804517271r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\\\/\",\"name\":\"Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm - 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The planned acquisition represents a key step in Vantage\u2019s strategy to broaden its footprint in the maritime sector and enhance its service offerings in vital Southeast Asian markets. This initiative underscores the Company\u2019s commitment to scaling its operational capabilities by investing in talent and expanding the reach of its shipbroking services through &hellip; Continue reading \"Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2025-08-04T16:49:47+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804517271r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm","datePublished":"2025-08-04T16:49:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/"},"wordCount":687,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804517271r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/vantage-corps-subsidiary-signs-non-binding-loi-to-acquire-a-singapore-based-shipbroking-firm\/","name":"Vantage Corp\u2019s Subsidiary Signs Non-Binding LOI to Acquire a Singapore-Based Shipbroking Firm - 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