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Tasco Bhd entered into a shareholders' agreement with Yee Lee Corp Bhd to jointly develop a trading, distribution and logistics business through YLTC Sdn Bhd. Tasco will subscribe for 999,998 shares for RM999,998, holding 40% of the joint venture.
“Tasco and Yee Lee said their partnership in YLTC would give them an opportunity for growth expansion, and access new markets and distribution networks.”theedgemalaysia.com
Summarized from public sources; check the original articles before acting on it.