PETALING JAYA: GD Express Carrier Bhd (GDex) is making a foray into Vietnam by acquiring a courier and logistics services company, Noi Bai Express and Trading Joint Stock (Netco), for a total of RM13.85mil.
In a statement on Bursa Malaysia yesterday, the logistics company said it is acquiring 50% of the total enlarged issued share capital of Netco. The issued share capital of Netco is 70,853,680 Vietnamese dong comprising 7,085,368 ordinary shares of 10,000 dong per share.
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