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

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).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter