# Tasco and Yee Lee form joint venture for trading and logistics

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.

- Type: Partnership
- Announced: 2026-11-05
- Where: Malaysia
- Value: $240K (1000K MYR)
- Status: announced
- Products: trading, distribution and logistics services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tasco Bhd](https://endata.com/companies/15818.md) (partner)
- [Yee Lee Corp Bhd](https://endata.com/companies/15819.md) (partner)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/tasco-partners-yee-lee-trading-and-logistics-business), 2026-11-05: "Tasco and Yee Lee said their partnership in YLTC would give them an opportunity for growth expansion, and access new markets and distribution networks."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.