Yojee Limited (ASX:YOJ) Announces Smart Yojee Joint Venture Completion
Operational Achievements
Yojee Limited’s MOSAIC platform is now ANZ Customs compliant, providing customs messaging for the Australian and New Zealand Freight Forwarding and Customs Brokerage Markets. The company will issue the first tranche of 2,500,000 fully paid ordinary shares following the completion of technical verification of the joint venture technology.
Joint Venture Completion
The joint venture with SC Software Pty Ltd and SmartClear Pty Ltd has successfully completed the technical verification of the technology, establishing a collaborative framework to develop innovative and scalable logistics solutions.
Executive Comments
CEO Mark Connell stated, “Finalising this joint venture marks a major milestone for both companies, and I’m incredibly proud of the Yojee team for the dedication and focus they’ve shown throughout the process. Establishing this partnership with SmartClear is a strategic step forward in our mission to deliver world-class logistics technology. With due diligence complete, we’re now excited to move into execution, combining our strengths to build scalable, customer-centric solutions that will reshape the International Freight Forwarding and Customs technology space. This collaboration is a powerful example of our growth strategy in action.”
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.
