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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.
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.
Breakfast briefing: Tuesday, January 11
KUALA LUMPUR: Consumer stocks were among the top gainers at midday on Tuesday in thin trade amid a cautious broader market but Maxis and Genting Malaysia underpinned the FBM KLCI's advance.
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.
PETALING JAYA: Earnings prospects for courier companies will remain resilient on anticipated robust growth and a low base.
KUALA LUMPUR: Blue chips slipped in early Wednesday trade as cautioned prevailed after the overnight fall on Wall Street as key Asian markets also retreated on news the quantitative easing would be wound up.