KOTA BHARU: ACE Market-listed logistics company, Asdion Bhd
’s joint-venture (JV) partner to develop and manage the Tumpat Supply Base (TSB) project in Kelantan, Kingdom Infra Holdings Sdn Bhd (KIHSB), has received the relevant land titles from the state government, setting the stage for the project’s imminent construction and commencement.
Asdion executive director Razmi Alias said the title was for the 12.1-hectare seaside site in northern Kelantan, ideally situated to service the JV’s five-year Offtake Agreement involving the export of manganese ore to buyers in China, a critical element used in steel production for its automotive industry and also in the production of electric vehicles.
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