What Happened
Malaysian Logistics Firm Expands Regional Presence
Malaysian logistics firm AGX Group Bhd is expecting its aerospace logistics segment to accelerate in the coming quarters following the onboarding of Malaysia Airlines and new contract wins with Vietnam’s VietJet and Sun PhuQuoc Airways. The company currently serves 70 to 80 aerospace customers across Southeast Asia and aims to expand its presence in the region. AGX’s co-founder and group CEO Datuk Ponnudorai Periasamy says the company is evaluating strategic investment opportunities, including mergers and acquisitions, to complement its long-term growth. This article first appeared in The Edge Malaysia Weekly.