MISC completes sale of logistics arm


PETALING JAYA: MISC Bhd has completed the disposal of its entire equity interest in unit MISC Integrated Logistics Sdn Bhd (MILS) to Swift Haulage Sdn Bhd for RM257.2mil.

The firm told Bursa Malaysia that the disposal activity was completed on Oct 24 upon the satisfaction of all conditions and receipt of the balance purchase consideration and shareholders loan owed by MILS to MISC.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , MISC , Swift Logistics , Loo Hooi Keat

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