Malaysia: Straits Logistics to buy Tumpuan Megah; Tiong Nam buys Johor land

In deal updates from Malaysia, Straits Inter Logistics Bhd is planning to acquire 55 per cent stake in Tumpuan Megah for RM35.75 million ($9 million) while Tiong Nam Logistics Holdings Bhd is looking to purchase a freehold land in Johor for RM40.22 million ($10.12 million).

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