Logistics counters rally


Executive Chairman of Alibaba Group & Philanthropist, Jack Ma

PETALING JAYA: Logistics and courier companies rallied strongly yesterday ahead of a reported meeting between Alibaba Group Holding Ltd’s executive chairman Jack Ma (pic) and Prime Minister Datuk Seri Najib Tun Razak this week for the launch of a new regional distribution hub in Malaysia.

As at closing time yesterday, more than six listed companies reported gains of between 2% and 13% on heavy trading volume.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Country Heights appoints Mohd Rizal as CEO
Sum Technology signs underwriting agreement for proposed ACE Market listing
Malaysia has fiscal room to support industries amid Iran war
Mixue Group posts strong results for 2025 on expanded store footprint
Bursa Malaysia extends gains at midday amid regional rally, cautious sentiment
Milolo gets nod from Bursa for LEAP Market listing
Ryt Bank tops 1.2mil users in just over seven months
Mida Singapore sees growing investment interest in Johor
ISF Group shares up in early trade after RM22.48mil contract win
Bursa to suspend trading of Sentoria shares on April 21

Others Also Read