Asdion moves into logistics

PETALING JAYA: Asdion Bhd is looking to its newly acquired brick-and-mortar business of logistics to steer its way out of a loss-making streak that has come about from its original seemingly sexy business of software programming.

Newly appointed executive director Datuk Mohamed Ridzuan Nor Md, who joined the Asdion board last week, expects the company to return to the black within the next six months due to earnings from TAZ Logistics Sdn Bhd.