Tasco executive chairman Lee Check Poh, who spoke to reporters after the EGM, projects the company to generate some RM110mil in revenue contribution from the cold chain segment in the current financial year.
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.
With shareholders giving the green light to acquire Gold Cold Transport Sdn Bhd (GCT) and MILS Cold Chain Logistics Sdn Bhd, the company will now enter the domestic cold chain business.
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