Malaysia’s GD Express to acquire 50% stake in Vietnamese logistics firm

Malaysia’s GD Express to acquire 50% stake in Vietnamese logistics firm

Photo: Netco's Facebook page

Malaysia-based last-mile delivery company GD Express Carrier Bhd is acquiring a 50 per cent stake in Vietnamese courier and logistics service provider Noi Bai Express and Trading Joint Stock Company (Netco) for 76.73 billion dong ($3.29 million), according to a stock exchange filing.

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