Malaysia’s GD Express Carrier (GDEX) has offered its 10 per cent stake to Japan-listed Yamato Group through its proposed private placement exercise. In a filing with the Kuala Lumpur Stock Exchange, GDEX said Yamato has the intention to acquire additional shares in GDEX for up to a total shareholding of 23 per cent in the future from the existing shareholders. Yamato Group operates six main business segments, namely business-logistics, delivery, e-business, home convenience, financial, … [Read more...] about Japan’s Yamato to buy into Malaysia’s GD Express