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RHB Research keeps Neutral on Tasco, upgrades Paramount

KUALA LUMPUR: RHB Research has downgraded Tasco to Neutral as its current share price has exceeded its fair value (FV) of RM2.30.

Trading ideas: Bermaz Auto, Yee Lee, Tasco, Axiata

KUALA LUMPUR: Bermaz Auto Bhd, Yee Lee Corp Bhd, Tasco Bhd and Axiata Group Bhd are among the stocks to watch, according to JF Apex Research.

Tasco unit sells property for RM17.5mil

KUALA LUMPUR: Tasco Bhd’s unit, Titian Pelangi Sdn Bhd, has signed a sales and purchase agreement with Onostatic Sdn Bhd for the disposal of a property for RM17.5mil.

Tasco ready to take it to next level

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

MIDF Research starts coverage on Tasco with ‘buy’ call

PETALING JAYA: Logistic companies are still getting much love from the market, with investors smitten by the sector’s close link with the country’s booming e-commerce industry.

Tasco buying Gold Cold Transport for RM186m

KUALA LUMPUR: Logistics company Tasco Bhd is buying Gold Cold Transport Sdn Bhd (GCT) – one of the largest cold chain logistics players in Malaysia in terms of storage capacity size – for RM186.08mil as it makes its foray into a new segment of the industry.

Tasco buying Pulau Indah land, expands warehouse biz for RM143mil

KUALA LUMPUR: Tasco Bhd is expanding its operations with the proposed purchase of land in Pulau Indah, Selangor and a stake in MILS Cold Chain Logistics Sdn Bhd (MCCL) for nearly RM143mil.

NYK ups stake in Tasco to 61%

Nippon Yusen Kabushiki Kaisha (NYK) has increased its stake in total logistics solutions provider Trans-Asia Shipping Corp Bhd (Tasco) to 61.32%.

Tasco sticking with its forecast for net profit

Logistics solutions provider Trans-Asia Shipping Corp Bhd (Tasco) does not see any need to revise its net profit forecast for the financial year ending Dec 31 (FY07) and FY08 although crude oil is nearing US$100 a barrel and the global economy is slowing down.

Tasco making healthy strides

TASCO’S first quarter (ended March 31) revenue, earnings and core earnings came in at RM117.9mil, RM6.8mil and RM6.5mil respectively, with core earnings representing 18% of our financial year 2012 (FY12) forecast.