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Asian markets closed higher

United States economy showing signs of recovery

Bursa raps 4 firms for breaching rules

PETALING JAYA: Bursa Malaysia has publicly reprimanded four companies - VTI Vintage Bhd, Oilcorp Bhd, Tasco Bhd and Ramunia Holdings Bhd - for breaching stock exchange rules.

Tasco sells property

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.

Tasco plans new centre

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.

NYK ups stake in Tasco to 61%

Nippon Yusen Kabushiki Kaisha (NYK) has increased its stake in total logistics solutions provider Trans-Asia Shipping Corp Bhd (Tasco) to 61.32%.

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.

Honda expects to beat sales target this year

Honda Malaysia Sdn Bhd expects to exceed its car sales target this year due to the robust domestic economy and the public's increased purchasing power, managing director and chief executive officer Atsushi Fujimoto said.

Briefly

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.