GDex looks for funding to go on regional expansion


Ready for growth: GDex has said in its 2015 annual report that it has reviewed and scaled up its manpower and operational requirements in preparation for regional expansion.

GD Express Carrier Bhd’s (GDex) planned private placement exercise that had been extended to almost a year will be a key factor to watch as it seeks further growth funding.

The possible reason for the lenghtened timeframe could be due to the company finding it a bit tough to find suitable investors with the current investment outlook.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!

Business , GDex , courier , logistics

   

Next In Business News

Trading ideas: Axiata, Mega First, Vstecs, Pharmaniaga, Sarawak Cable, Paragon Globe, CIMB, IHH, Ni Hsin
Thai business group cuts 2024 GDP growth forecast
TotalEnergies mulls moving listing to Wall St
Rig dearth aggravates Indonesia’s declining oil and gas production
Optimistic growth prospects for Focus Point Holdings
Epsom sees more student enrolment from UK
SC: Planners should give sound financial advice
China’s surging industrial loans aren’t going to its factories
Japan’s helping hand in BoE June rate cut window
Carsome turns Ebitda positive in 1Q24 on business scale

Others Also Read