21/07/2025 08:21 am MYT

This week, i Capital updates on J&T Global Express Limited (J&T), a global logistics service provider with a leading express delivery business in Southeast Asia, a competitive position in China, and an expanding footprint in Latin America and the Middle East (New Markets).
To recap, J&T commenced operations in Indonesia in 2015 and leveraged on its success to penetrate other Southeast Asian countries, including Vietnam, Malaysia, the Philippines, Thailand, Cambodia, and Singapore. As of 31 Dec 2024, the Company had 156,851 employees. Subscribers who followed our buy call in Feb 2025 are now sitting on a comfortable profit of 43%.
Strong 2Q25 operating data
J&T recently announced its 2Q25 oper
Note from Publisher
i Capital will pause its publication for one issue in the week beginning 21 Jul. However, www.icapital.biz will be updated as usual and the operating hours of our Kuala Lumpur office will remain unchanged. Volume 37, number 1 of i Capital will henceforth be dated 31 Jul - 6 Aug 2025.
This is the last issue of i Capital for volume 36. We will begin Volume 37 after a one-week pause. Since Volume 35, each volume of i Capital has consisted of 44 issues. i Capital takes a break 8 weeks in a year. Producing a weekly publication has a tight deadline and is very exhaustive. Hence, apart from logistics reason, taking a short break provides an opportunity for i Capital to refresh and reboot. Taking a break can help one to think clearer, see things from different perspectives, and analyse critically. This is crucial for an investment advisor that strives to provide independent, sound and objective advice.
We would like to thank all subscribers for their unwavering support since 1989. i Capital will continue to improve its analyses and deliver better services to all its subscribers. It has also been reviewing its pricing structure, especially with costs of everything having increased substantially in the last 15 years.
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MoU update
Acquisition
Airport terminal project
Lease termination
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