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THIS year has largely been positive for logistics firm Tasco Bhd. The case has been generally similar for most of Malaysia’s logistics-related counters which have performed stronger, buttressed by the improved trade outlook for Malaysia and the accelerated growth of e-commerce.
SEPANG: Logistics and warehousing giant Tasco Bhd will be banking on its strategic partnership with Japan to bring the Malaysian cold chain logistics to greater heights.
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.
SHAH ALAM: Logistics player Tasco Bhd expects its maiden foray into the cold chain business to contribute about 15% to 20% to revenue for the financial year ending March 31, 2018 (FY18), after both proposals of its EGM received near unanimous approvals from shareholders.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT), Seacera Group Bhd, Tasco Bhd and DPI Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.