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KUALA LUMPUR: Tasco Logistics Bhd's share price rose to RM1.83 on Monday, the highest since November 2015, as the company plans to ramp up its expansion in the cold chain logistics segment.
Logistics solutions provider Trans-Asia Shipping Corporation Bhd (Tasco) does not see any need to revise its net profit forecast for FY07 and FY08 although crude oil is nearing US$100 (RM330) a barrel and the global economy is slowing down.
Trans-Asia Shipping Corp Bhd (Tasco) expects 16% rise in net profit for its financial year ending Dec 31, 2008 (FY08).
TRANS-Asia Shipping Corp Bhd (Tasco), scheduled to list on Bursa Malaysia main board on Dec 28, will bank on its extensive international network and quality services to stay put in the competitive logistics industry.
KUALA LUMPUR: RHB Research has maintained its Buy call on Tasco with a fair value of RM2.30.
PETALING JAYA: Trans-Asia Shipping Corp Bhd (Tasco), a total logistics solutions provider, will dispose of a property worth RM17.3mil to partly finance its acquisition of new office and warehouses.
KUALA LUMPUR: Stocks that might attract investor interest today include Tasco, GD Express Carrier, Sunway, Vertice, Eco World Development and Zelan.
KUALA LUMPUR: Trans-Asia Shipping Corp Bhd (Tasco) plans to buy a property for RM41.8mil from JVC Manufacturing Malaysia Sdn Bhd in Shah Alam for use as a logistics centre.
KUALA LUMPUR: JF Apex Research expects Petron Malaysia Refining & Marketing Bhd, Tune Protect Group Bhd, Suria Capital Holdings Bhd and Tasco Bhd to be among the stocks to watch today.
KUALA LUMPUR: JF Apex Research expects Hubline Bhd, Amtek Holdings Bhd, Vizione Holdings Bhd and Tasco Bhd to be among the stocks to watch on Tuesday following their corporate news.