Skylink Holdings, a leading commercial vehicle leasing company in Singapore, has announced a significant investment of over S$3m in a new cold chain logistics fleet. This strategic move expands their heavy vehicle asset portfolio and supports their leasing business. The company has also secured a maiden three-year leasing contract worth more than S$2.2m with a prominent multinational food supply chain and logistics operator, which services one of Singapore’s largest food service networks.
The new contract is expected to positively impact Skylink Holdings’ financial performance over the contractual period. This investment marks the company’s first strategic entry into the cold chain logistics sector, offering scalable leasing solutions to a ‘blue-chip’ client in the food and beverage sector. The initiative aligns with Skylink Holdings’ strategy to expand its recurring income stream and broaden its service offerings, paving the way to support other mission-critical industries.
Wesley Shen, Executive Director and CEO of Skylink Holdings, commented on the contract win, stating, “This contract win demonstrates our growing capability to deliver highly specialised fleet solutions for large corporate customers with demanding operational requirements.”
The deliveries for the leasing contract are set to begin progressively from October to December 2026. This investment and leasing structure is part of Skylink Holdings’ strategic plans to expand its asset portfolio in the specialised heavy commercial vehicle categories, supporting essential supply chain operations. The company aims to further expand its customer base and capacity to invest in other mission-critical fleets across various sectors.
