Tye Soon    Last:0.305   -

Tye Soon- the next Mark Tyson

On a roll. 
Many winning stocks including this one.
will need pause awhile for consolidation 
then can go higher 
cheers 

 

Automotive retailer Bapcor has kicked off an international expansion into the South East and North East Asian markets with the acquisition of 25 per cent of Singapore-listed Tye Soon business.

Tye Soon is the most prominent independent automotive parts distributor in the region, according to Bapcor, which will invest approximately $12 million (SGD12.5 million) into the business.

The investment will give Bapcor, which operates the Autobarn brand locally, a stake in Tye Soon&rsquo s 50+ locations across Malaysia, South Korea, Australia, Singapore and Thailand.

&ldquo The complementary expertise of Tye Soon and Bapcor beings a range of opportunities for both businesses to collaborate and grow their markets,&rdquo said Bapcor chief executive Darryl Abotomey.

&ldquo Tye Soon has particular strengths in genuine parts and aftermarket parts distribution as well as an excellent store network&hellip [We] will work with Tye Soon to maximise the opportunities to grow their businesses in Asia and Australasia.&rdquo

Completion of the acquisition is expected to take place in April, and will allow Bapcor to nominate directors for the Tye Soon board.

 

40!!
good one
will take a rest soon for the next journey upwards 
Cheers

 

36.
nice one 
continue tomorrow 

 

Now 33.
more to come. 
no contra. 
for accumulation as part of portfolio only 
those sold early at 20 plus regret now