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KUALA LUMPUR: Blue chips closed lower on Monday as selling pressure picked up in the afternoon session, mirroring the key cautious Asian markets, with banks and Genting Bhd among the top losers.
PETALING JAYA: Logistics and courier companies rallied strongly yesterday ahead of a reported meeting between Alibaba Group Holding Ltd’s executive chairman Jack Ma (pic) and Prime Minister Datuk Seri Najib Tun Razak this week for the launch of a new regional distribution hub in Malaysia.
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.
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.