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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.
KUALA LUMPUR: Yee Lee Corp Bhd has partnered Tasco Bhd to start a new joint venture that will focus on logistic and distribution business.
KUALA LUMPUR: JF Apex Research has reiterated its Neutral view on the local bourse and maintained its year-end 2017 FBM KLCI target of 1,740 points and set a 2018 KLCI year-end target of 1,860 points.
KUALA LUMPUR: JF Apex Research expects Kerjaya Prospek, Seacera Group, Notion VTex and Carlsberg to be among the stocks to see trading interest following their latest news.
SEPANG: Malaysia is on track to become the Southeast Asian hub for air freight with ongoing efforts to spur the development of the cargo centre at the Kuala Lumpur International Airport (KLIA) here, said Transport Minister Datuk Seri Liow Tiong Lai.
SEPANG: Local companies need to act quickly to grab the opportunities and participate in the Kuala Lumpur International Airport (KLIA) cargo space which is currently having an exciting growth as foreign interest grows.
THIS year has largely been positive for logistics firm Tasco Bhd. The case has been generally similar for most of Malaysia’s logistics-related counters which have performed stronger, buttressed by the improved trade outlook for Malaysia and the accelerated growth of e-commerce.
Breakfast briefing: Friday, June 30
SHAH ALAM: Logistics player Tasco Bhd expects its maiden foray into the cold chain business to contribute about 15% to 20% to revenue for the financial year ending March 31, 2018 (FY18), after both proposals of its EGM received near unanimous approvals from shareholders.
DESPITE the FBM Small Cap Index’s good performance against the main index FBM KLCI, MIDF Research reckons that small and mid-cap stocks are poised to continue its growth trajectory in the near future in line with more active retail participation.