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KUALA LUMPUR: Sin-Kung Logistics Bhd plans to launch air cargo services in the third quarter of 2025 (3Q25) after completing the RM20.7mil acquisition of a 100% stake in Prima Air Sdn Bhd.
Sin-Kung Logistics Bhd plans to launch air cargo services in the third quarter of financial year 2025 (3Q25) after completing the RM20.7mil acquisition of a 100% stake in Prima Air Sdn Bhd.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
PETALING JAYA: Sin-Kung Logistics Bhd plans to lease two aircraft to get its air freight cargo business off the ground by the second or third quarter of 2025.
PETALING JAYA: Integrated logistics service provider Sin-Kung Logistics Bhd’s initial public offering (IPO) for the public portion has been oversubscribed by 26.5 times.
KUALA LUMPUR: Sin-Kung Logistics Bhd has inked a deal to acquire the entire equity interest in aircraft leasing firm Prima Air Sdn Bhd, for RM20.7mil cash.
KUALA LUMPUR: Sin-Kung Logistics Bhd has entered into an underwriting agreement with M&A Securities Bhd for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.
KUALA LUMPUR: The trading stock of Sin-Kung Logistics Bhd changed hands for the first time on the ACE Market of Bursa Malaysia at 13 sen a share, on a par with the price of its initial public offering (IPO).
Sin-Kung Logistics Bhd made a flat debut on the ACE Market, opening at 13 sen per share, unchanged from its initial public offering (IPO) price.
KUALA LUMPUR: TA Securities Research has valued ACE Market-bound Sin-Kung Logistics Bhd at 16.5 sen, equivalent to 14 times its earnings per share (EPS) for the 2025 financial year (FY25).
Sin-Kung Logistics Bhd plans to acquire a loss-making company that sells and leases aircraft for RM20.7mil from Tan Sri Halim Mohammad and his spouse.
KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
Sin-Kung Logistics Bhd is expected to ride on the global air cargo volume demand to accelerate its growth.
KUALA LUMPUR: Sin-Kung Logistics Bhd has entered into an underwriting agreement with M&A Securities Bhd for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.
KUALA LUMPUR: Sin-Kung Logistics Bhd aims to raise RM26mil from its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia.
Trucks can’t travel on water and ships can’t sail on land. It is for this very reason that air freight has become one of the most trusted forms of transportation in a day and age where globally, volatile environments, rumours of war and natural disasters dominate the news.
PETALING JAYA: Integrated logistics service provider Sin-Kung Logistics Bhd’s initial public offering (IPO) for the public portion has been oversubscribed by 26.5 times.
ACE Market-bound Sin-Kung Logistics Bhd, which specialises in providing airport-to-airport road feeder services for both passenger and cargo airlines, aims to raise RM26mil through its initial public offering (IPO).
KUALA LUMPUR: Here is a summary of recent corporate announcements that made headlines
KUALA LUMPUR: Here are the corporate highlights, according to TA Securities Research.
