Egg and poultry producer Lay Hong moves into e-grocery

Lay Hong

PETALING JAYA: Egg and poultry producer Lay Hong Bhd is close to buying a stake in a listed logistics company as it seeks to enter the e-grocery and same day delivery business in Malaysia.

Sources say this will be a new revenue stream for Lay Hong, as it is seeing signs that e-grocery business is gaining momentum in Peninsular Malaysia.