Dynaciate to venture into warehousing

In a statement, Dynaciate said the move was part of its recalibration of plans to strengthen business activities and operations to better position the group amid a challenging environment. (File pic shows Dynaciate Group's fabricating facility.)

PETALING JAYA: Dynaciate Group Bhd plans to venture into industrial and commercial warehousing which is noted to be one of the top performing sectors for 2021.

Subsequent to that, it has come to a mutual agreement with MGudang Sdn Bhd to terminate a conditional sale and purchase agreement involving the disposal of two parcels of contiguous freehold land together with a detached factory situated in Penang.