Tasco ready to take it to next level

  • Business
  • Saturday, 06 Apr 2019

A Japanese government fund is investing RM125mil in logistics and warehousing company Tasco Bhd's unit Tasco Yusen Gold Cold Sdn Bhd.

Two years after venturing into the cold chain segment of the logistics industry, Tasco Bhd is ready to take it to the next level.

It is divesting a 30% stake in unit Tasco Yusen Gold Cold (TYGC) to Japan Overseas Infrastructure Investment Corp (JOIN) for RM125mil.

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