ADVERTISEMENT

Logistics counters rally


Alibaba Group Holding Ltd’s executive chairman Jack Ma (filepic) and Prime Minister Datuk Seri Najib Tun Razak reported to be meeting this week for the launch of a new regional distribution hub in Malaysia.

Alibaba Group Holding Ltd’s executive chairman Jack Ma (filepic) and Prime Minister Datuk Seri Najib Tun Razak reported to be meeting this week for the launch of a new regional distribution hub in Malaysia.

PETALING JAYA: Logistics and courier companies rallied strongly yesterday ahead of a reported meeting between Alibaba Group Holding Ltd’s executive chairman Jack Ma (pic) and Prime Minister Datuk Seri Najib Tun Razak this week for the launch of a new regional distribution hub in Malaysia.

As at closing time yesterday, more than six listed companies reported gains of between 2% and 13% on heavy trading volume.

Corporate News , Economy , Markets , logistics , pos , ecommerce

   

ADVERTISEMENT