CCP approves Nippon Express stake in TCS Logistics

MG News | February 03, 2026 at 02:42 PM GMT+05:00

0:00

February 03, 2026 (MLN): The Competition Commission of Pakistan (CCP) has approved Nippon Express (South Asia & Oceania) Pte. Limited’s acquisition of a minority stake in TCS Logistics (Private) Limited.

Through the partnership, Nippon Express will leverage TCS Logistics’ domestic network, while TCS gains access to Nippon Express’ global logistics expertise.

The collaboration is expected to strengthen Pakistan’s 3PL sector, improve supply chain efficiency, and enhance trade connectivity with regional and international markets.

It is also anticipated to facilitate imports and exports, support trade corridors, and contribute to the modernization of the country’s logistics ecosystem, according to a press release issued.

Saira Awan Malik, President of TCS Group, said the agreement reflects international confidence in Pakistan’s logistics sector.

Nippon Express noted the investment will help expand logistics services in Pakistan and develop new trade opportunities in the region.

TCS Logistics is a division of the TCS Group in Pakistan while Nippon Express (South Asia & Oceania) Pte. Limited is a subsidiary of Nippon Express Holdings, Inc., based in Japan.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	186,900.74 390.19M	1.00% 1842.91
ALLSHR	112,154.62 846.50M	0.86% 955.62
KSE30	57,292.13 173.90M	0.85% 483.13
KMI30	264,696.41 110.49M	0.72% 1889.84
KMIALLSHR	72,112.94 399.43M	0.73% 521.00
BKTi	54,367.28 106.69M	1.37% 732.43
OGTi	38,783.78 9.59M	-0.26% -101.63

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,700.00	79,435.00 77,870.00	495.00 0.63%
BRENT CRUDE	66.31	66.64 65.19	0.01 0.02%
RICHARDS BAY COAL MONTHLY	90.00	0.00 0.00	-4.75 -5.01%
ROTTERDAM COAL MONTHLY	101.00	101.00 100.90	-0.95 -0.93%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	62.22	62.46 61.12	0.08 0.13%
SUGAR #11 WORLD	14.52	14.53 14.21	0.26 1.82%