Sunday, 21 Jun 2020 11:18 AM MYTKUALA LUMPUR, June 21 – Investment firm 3Lyon Holdings Berhad is in advanced talks to acquire a controlling stake in a local logistics company.
So far, it has entered into a principle understanding and was in advanced negotiations with the unnamed logistics firm and is expected to have the acquisition exercise completed within 90 days. “3Lyon would look to secure funding in excess of RM150 million for expansion of the logistics business.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: