Tasco Berhad
Malaysian logistics company incorporated in 1974 and listed on Bursa Malaysia, a subsidiary of Yusen Logistics.
Last updated September 15, 2026
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Overview
TASCO Berhad is a Malaysian logistics company incorporated on 10 September 1974 and listed on the Main Market of Bursa Malaysia Securities Berhad on 28 December 2007. It is a subsidiary of Yusen Logistics Co. Ltd., itself a subsidiary of Nippon Yusen Kabushiki Kaisha. TASCO operates 24 logistics centres with 2,200 employees in Malaysia and offers logistics solutions covering air, sea and land transportation, serving as a one-stop logistics centre for domestic and international shipments. It is part of Yusen Logistics' global network of 594 locations and 24,713 employees worldwide as of 31 March 2020. The company states it was voted by Frost & Sullivan as the best Warehouse Management Company and Domestic Logistics Service Provider, and describes itself as No 1 in cold chain logistics in Malaysia with more than 60% market share and the most sought after 4th Party Logistics provider. Its stated values are Connected, Committed and Creative.
History
TASCO was incorporated on 10 September 1974. In September 2009, the company name was changed to "TASCO Berhad". In January 2010, the company moved into its new Corporate Head Office at Lot No. 1A, Persiaran Jubli Perak, Jalan 22/1, Seksyen 22, 40300 Shah Alam, Selangor. On 28 December 2007, it was listed on the Main Market of Bursa Malaysia Securities Berhad. It is a subsidiary of Yusen Logistics Co. Ltd., a subsidiary of Nippon Yusen Kabushiki Kaisha. In September 2018, the company's 40% owned joint-venture company, YLTC Sdn Bhd, entered into a Purchase Contract with Shell Malaysia Trading Sdn Bhd. In March 2019, the company entered into a Share Subscription Agreement with JOIN for the proposed issuance and allotment of 58,878,000 new ordinary shares (representing 30% of the enlarged equity interest) in TYGC to JOIN for a cash subscription price of RM125.00 million. In June 2019, the company entered into a Shareholders' Agreement with JOIN to mutually cooperate in the conduct of the business and affairs of TYGC. In October 2019, TYGC organized a blood donation event at Berjaya Industrial Logistics Centre. In December 2020, the company entered into a Memorandum of Understanding with GD Express Carrier Berhad. In April 2021, TYGC entered into a Conditional Shares Sale Agreement for the acquisition of 1,285,000 ordinary shares in Hypercold Logistics Sdn Bhd, and entered into a Shareholders' Agreement with Swift Integrated Logistics Sdh Bhd to regulate the affairs of Hypercold. Also in April 2021, the company entered into a Memorandum of Understanding with MAB Kargo Sdn Bhd. In July 2021, TASCO provided Air Freight services for the transportation of one million doses of AstraZeneca vaccine donated by Japan to Malaysia.
Products and positioning
Total Logistics Solution Specialist; one-stop logistics centre; No 1 in cold chain logistics in Malaysia with more than 60% market share; most sought after 4th Party Logistics provider.
Product categories. Air freight services · Sea freight services · Land transportation · Warehouse management · Cold chain logistics · 4th Party Logistics
Sources5 sources
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