PETALING JAYA: 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.
Swift Haulage, which is an integrated logistics service provider, should have sufficient funds to acquire the remaining 60% stake worth RM2.7mil in BLG Swift, according to MIDF Research.
BLG Swift is mainly involved in the provision of warehousing services and car carrier transportation services.
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