Tiong Nam invests RM97mil to expand ops


KUALA LUMPUR: Logistics and warehousing provider Tiong Nam Logistics Holdings Bhd has invested RM96.8mil in capital expenditure (capex) in the nine months ended Dec 31, 2016, as part of its ongoing expansion programme.

The capex is mainly to increase storage space at its existing warehouses in Malacca and Johor, and to enhance its Automated Storage Retrieval System in Shah Alam.

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Business , Tiong Nam

   

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