During the quarter in review, Century Logistics
KUALA LUMPUR: Tiong Nam Logistics Holdings Bhd
has allocated RM100mil as capital expenditure (capex) for the financial year ending March 31, 2018 as part of an expansion plan for its logistics and warehousing network across South-East Asia.
The capex would be utilised to purchase new vehicles to grow the group’s transportation fleet, build new warehouses in line with growing demand and strengthen its newly-established South-East Asia to China cross border logistics network, it said in a statement.
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