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Yee Lee, Tasco to start new logistics joint venture

KUALA LUMPUR: Yee Lee Corp Bhd has partnered Tasco Bhd to start a new joint venture that will focus on logistic and distribution business.

Trading ideas: Tasco, Cypark, Tenaga and Sasbadi

KUALA LUMPUR: Tasco, Cypark, Tenaga Nasional and Sasbadi are among the stocks which could attract trading interest on Wednesday after their corporate news and announcements, says JF Apex Research.

Trading ideas: Tasco, Muhibbah Engineering, Versatile Creative

KUALA LUMPUR: Investors could find interests in Tasco Bhd, Muhibbah Engineering (M) Bhd and Versatile Creative Bhd following their corporate news and announcements, according to JF Apex Research.

Tasco, Latitude Tree among top losers

UALA LUMPUR: Logistics company Tasco and furniture maker Latitude Tree were among the top losers on Tuesday as investors took profit in the absence of any fresh catalysts.

Tasco second quarter net profit rises 12% to RM3.3mil

Trans-Asia Shipping Corp Bhd (Tasco) posted net profit of RM3.25mil for the second quarter ended June 30, up 12% from RM2.9mil a year ago, boosted by higher volume and new customers.

Tasco 2Q net profit up 12%

Trans-Asia Shipping Corporation Bhd (Tasco) posted net profit of RM3.25mil in the second quarter ended June 30, up 12% from RM2.9mil a year ago, boosted by higher volume and new customers.

Trading ideas: High-5, Ivory Properties, Tasco, Axiata, Mesiniaga

KUALA LUMPUR: JF Apex Research expects High-5, Ivory Properties, Tasco, Malaysia Airlines (MAS), Axiata Group, Mesiniaga and CB Industrial Products (CBIP) to attract trading interest on Thursday.

Trading ideas: Asia Poly, OCK, Puncak Niaga, Tasco, Icon Offshore

KUALA LUMPUR: JF Apex Equities Research expects Asia Poly, OCK, Puncak Niaga, Tasco and Icon Offshore to see trading interest on Wednesday after the recent corporate developments.

When the parent company trades at a discount to its subsidiary

On June 11, the acquisition of a 30% stake in warehousing and logistics company Tasco Bhd’s unit Tasco Yusen Gold Cold Sdn Bhd (TYGC) for RM125mil by a Japanese government fund was finally completed.

Trans-Asia Shipping awarded six-year pre-inspection deal with Honda

Integrated logistics solutions provider Trans-Asia Shipping Corp Bhd (TASCO), has clinched a six-year deal to lease its logistics centre in Bangi to Honda (M) Sdn Bhd as its pre-delivery inspection (PDI) centre for Honda's Complete Built-up Unit (CBU) cars in Malaysia.