PETALING JAYA: Tiong Nam Logistics Holdings Bhd
is expected to be able to weather the impact of Covid-19 and movement control order (MCO), says TA Research.
The brokerage said in a report that the group’s logistics and warehousing operations could continue as there were no workers tested positive for Covid-19 virus.
Meanwhile, the rollout of financial relief package would ease the group’s short-term cashflow constraints, it added.
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