KUALA LUMPUR: Swift Haulage Bhd has proposed to acquire the entire interest in Watt Wah Petroleum Pte Ltd for S$1.6mil (about RM5.17mil) to expand its presence in Singapore.

The country’s largest haulier and leading integrated logistics service provider said it had entered into a binding offer (BO) with DLT Enterprise Pte Ltd (DLT) for the proposed acquisition.