SF Holding acquires 25pc stake in KOSPA for US$4 Million

SF Holding acquires stake in Myanmar’s KOSPA

SF Holding, a Chinese logistics firm, has acquired a 25 percent stake in KOSPA Limited, a Myanmar-based logistics firm, according to an article in Dealstreet Asia. KOSPA is a joint venture originally established between local company Yoma Strategic Holdings and Japan’s Kokubu Group. According to the article, KOSPA provides end-to-end logistics solutions for agricultural, pharmaceutical, FMCG and other clients throughout the country. Yoma said the new investment will allow KOSPA to increase its fleet, and also explore cross-border opportunities with China. “Logistics has the potential to become a major growth sector of the Myanmar economy, and this partnership strategically positions KOSPA to capture opportunities presented by a growing appetite for e-commerce in the country,” said Yoma CEO Melvyn Pun.

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