Asdion may buy TAZ Logistics

PETALING JAYA: Software producer Asdion Bhd is expected to acquire TAZ Logistics Sdn Bhd, marking its entry into the logistics and transportation sector.

Asdion, which has some prior experience in port and logistics software and systems, would fork out RM6mil cash to buy 51% of the private company from its director and shareholder Datuk Mohamed Ridzuan Nor Mohamed, a source said.