PETALING JAYA: Dialog Group Bhd
’s subsidiary will be expanding its storage facilities for an additional 150,000 cubic metres storage for renewable and petroleum products at its terminal in Tanjung Langsat, Johor.
In a filing with Bursa Malaysia, the group said the first 100,000 cubic metres is dedicated to EcoCeres Ltd, a subsidiary of EcoCeres Inc and the remaining 50,000 would be leased to third party customers such as multinational companies and trading houses.
The expansion is expected to be completed in the first quarter of financial year 2027.
The group’s unit Dialog Terminals Langsat (3) Sdn Bhd had secured a take-or-pay storage agreement with EcoCeres Ltd for the dedicated 100,000 cubic metres of storage which served as a catalyst for the expansion of its terminal.
