Tasco ready to take it to next level


  • Business
  • Saturday, 06 Apr 2019

A Japanese government fund is investing RM125mil in logistics and warehousing company Tasco Bhd's unit Tasco Yusen Gold Cold Sdn Bhd.

Two years after venturing into the cold chain segment of the logistics industry, Tasco Bhd is ready to take it to the next level.

It is divesting a 30% stake in unit Tasco Yusen Gold Cold (TYGC) to Japan Overseas Infrastructure Investment Corp (JOIN) for RM125mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trading ideas: Duopharma, Bursa Malaysia, SEGi, Capital A, Rimbunan Sawit, Tasco, Atrium REIT, KSL, GUH, Mentiga and F&N
Domestic demand to galvanise GDP in 2Q
Recto pegs 1Q GDP growth at below 6%
Versa introduces enticing rewards for users
Canadian bank takes US$450mil hit in money-laundering probe
S’pore manufacturing, services firms upbeat about next two quarters
India’s mines and generators easily meet record power demand
China makes solar affordable worldwide
China eyes closer economic links with Gulf countries
China Ouhua uncertain on land transfer completion

Others Also Read