In a statement, Tiong Nam Logistics said the deal would increase the group’s warehousing capacity by 2.6% to 6.2 million sq ft from six million sq ft as at March 31, 2021.
JOHOR BARU: Tiong Nam Logistics Holdings Bhd
is expanding its logistics warehousing capacity via a RM30mil acquisition of VM Andaman Sdn Bhd which has its warehouse asset within Pelabuhan Tanjung Pelepas, Johor.
VM Andaman’s warehouse has a built up area of 158, 013 sq ft and is on 6.6 acres.
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