TOKYO: Mitsui OSK. Lines Ltd (MOL) has acquired a 20.9% stake in PKT Logistics Group Sdn Bhd (PKT), a leading Malaysian logistics company.
In a press release, MOL said the acquisition would provide it with an opportunity to significantly enhance its operational capabilities in Malaysia, by leveraging the synergies between MOL Logistics (Malaysia) Sdn Bhd.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!