Tasco unit buys 50% in Sabah cold chain logistics company


Tasco said the proposed transaction by its 70%-owned subsidiary Tasco Yusen Gold Cold Sdn Bhd (TYGC) would enable it to establish a cold chain logistics presence in East Malaysia

PETALING JAYA: Tasco Bhd’s unit has proposed to acquire a 50% stake in Hypercold Logistics Sdn Bhd for RM10.55mil cash.

Tasco said the proposed transaction by its 70%-owned subsidiary Tasco Yusen Gold Cold Sdn Bhd (TYGC) would enable it to establish a cold chain logistics presence in East Malaysia.

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