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AGX Group Berhad is a Malaysia-based global freight forwarding and logistics company. The Company’s services include sea freight forwarding services, air freight forwarding services, aerospace logistics services, warehousing and other 3PL services, and road freight transportation services. Its sea freight forwarding services involve organizing shipments of freight mainly by sea on behalf of its customers. Its air freight forwarding services are similar to its sea freight forwarding services, in that the Company is engaged by its customers to organize the air freight of cargo on their behalf. Its aerospace logistics services mainly support aircraft maintenance, repair, and overhaul (MRO) services. The Company provides warehousing and other 3PL services to customers in countries where it operates warehouses, namely in Malaysia, the Philippines, Myanmar, and Singapore. The Company provides two types of road transportation: container haulage and trucking.
AGX Group Berhad (KL:AGX) said it is reorganising its regional logistics assets via a share swap, transferring its Philippines unit stake to its Singapore associate as part of its corporate restructuring exercise.
KUALA LUMPUR: Logistics solutions provider AGX Group Bhd's associate company, All-Link Singapore, has submitted its application for a corporate exercise to the Singapore Exchange Securities Trading Ltd that will see AGX's effective equity interest in the company diluted from 30 per cent to about 23.2 per cent.
KUALA LUMPUR: Bursa Malaysia memulakan dagangan Khamis dengan lebih tinggi, disokong sentimen pasaran yang bertambah baik susulan lanjutan gencatan senjata di Asia Barat oleh Presiden Amerika Syarikat (AS), Donald Trump, selain prestasi semalaman Wall Street yang lebih kukuh.