About Swift Group
Swift Group is a company based in Kuala Lumpur (Malaysia) founded in 2011 was acquired by transocean in December 2018.. The company has 4,000 employees as of December 31, 2024. Swift Group has completed 2 acquisitions, including Standard Marine Agencies Sdn Bhd and Watt Wah Group. Swift Group offers products and services including Container Haulage, Land Transportation, Warehousing Services, and Freight Forwarding.
- Headquarter Kuala Lumpur, Malaysia
- Employees 4000 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Swift Haulage Berhad
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Annual Revenue
$160.32 M (USD)6.75as on Dec 31, 2024
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Net Profit
$8.91 M (USD)-35.49as on Dec 31, 2024
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EBITDA
$30.81 M (USD)5.04as on Dec 31, 2024
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Latest Funding Round
$127.95 M (USD), Debt – Conventional
Sep 03, 2020
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Investors
OCBC Bank
& 5 more
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Employee Count
4000
as on Dec 31, 2024
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Investments & Acquisitions
Standard Marine Agencies Sdn Bhd
& 1 more
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Acquired by
transocean
(Dec 18, 2018)
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IPO & Listings of Swift Group
Swift Group is a publicly listed company on the MYX with ticker symbol SWIFT in Malaysia, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Swift Group
Swift Group offers a comprehensive portfolio of products and services, including Container Haulage, Land Transportation, Warehousing Services, and Freight Forwarding. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for transporting laden containers to and from seaports.
Road-based services for inland and cross-border cargo transport.
Management of warehouses and e-fulfillment for customer needs.
Handling of sea, air, and land freight operations.
Funding Insights of Swift Group
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $128.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Debt – Conventional - Swift Group | Valuation |
investors |
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| Jun, 2013 | Amount | Series A - Swift Group | Valuation | COPE Private Equity |
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| Apr, 2012 | Amount | Seed - Swift Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Swift Group
Swift Group has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include OCBC Bank, United Overseas Bank and AmBank Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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COPE Private Equity is based in Kuala Lumpur, Malaysia, focusing on private equity investments.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward Central Asian middle-market companies.
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Founded Year | Domain | Location | |
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Islamic bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Swift Group
Swift Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Standard Marine Agencies Sdn Bhd and Watt Wah Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Limited information available
|
2008 | ||||
|
Provider of air, ocean freight forwarding, cargo insurance, and warehousing services
|
1982 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Swift Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swift Group Comparisons
Competitors of Swift Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Swift Group
Frequently Asked Questions about Swift Group
When was Swift Group founded?
Swift Group was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Swift Group located?
Swift Group is headquartered in Kuala Lumpur, Malaysia.
How many employees does Swift Group have?
As of Dec 31, 2024, the latest employee count at Swift Group is 4,000.
What is the annual revenue of Swift Group?
Annual revenue of Swift Group is $160.32M as on Dec 31, 2024.
What does Swift Group do?
Swift Group was founded in 2011 in Kuala Lumpur, Malaysia, within the transportation and logistics sector. Operations encompass freight haulage, forwarding, project logistics, and specialized handling for hazardous cargo. Warehousing with value-added services such as kitting, repacking, and palletizing is managed, alongside customs brokerage and freight consolidation. Container depots are operated, with maintenance, repair, and spare parts provided.
What products or services does Swift Group offer?
Swift Group offers Container Haulage, Land Transportation, Warehousing Services, and Freight Forwarding.
Is Swift Group publicly traded?
Yes, Swift Group is publicly traded on MYX under the ticker symbol SWIFT.
How many acquisitions has Swift Group made?
Swift Group has made 2 acquisitions, including Standard Marine Agencies Sdn Bhd, and Watt Wah Group.
Who are Swift Group's investors?
Swift Group has 6 investors. Key investors include OCBC Bank, United Overseas Bank, AmBank Group, transocean, and COPE Private Equity.
What is Swift Group's ticker symbol?
The ticker symbol of Swift Group is SWIFT on MYX.