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KUCHING (May 5): Analysts are upbeat as Swift Haulage Bhd’s (Swift Haulage) wholly-owned subsidiary, Swift Integrated Logistics Sdn Bhd (SILS), had entered into a share sale agreement to purchase the entire equity interest in Standard Marine Agencies (Sarawak) Sdn Bhd (SMA). The purchase consider
MIDF Research has reiterated its bullish stance on Swift Haulage Bhd, following the latter’s recent move to take full ownership of its 40%-owned BLG Swift Logistics Sdn Bhd.
Published on: Thursday, April 22, 2021 By: Bernama Text Size: Kuala Lumpur: Tasco Bhd’s 70 per cent-owned unit, Tasco Yusen Gold Cold Sdn Bhd (TYGC), together with Swift Integrated Logistics Sdn Bhd (SILSB), have proposed to jointly acquire 100 per cent stake in Hypercold Logistics Sdn Bhd for RM21.10 million. In a filing with Bursa Malaysia, Tasco said both TYGC and SILSB had entered into a conditional share sale agreement with Hypercold today for the proposed acquisition. Under the agreement, the logistics solutions provider said TYGC and SILSB would each acquire 50 per cent stake in Hype...