Tiong Nam Logistics acquires three parcels of land for RM2.1 million

KUALA LUMPUR: Tiong Nam Logistics Holdings Bhd acquired three parcels of land, totaling 130,998 sq ft, in Melaka Tengah for RM2.1 million.

In a filing to Bursa Malaysia on Nov 9, Tiong Nam Logistics acquired the three freehold industrial land parcels from G-Force Sdn Bhd, Jadeview Pavilion Sdn Bhd and Omega Wealth Sdn Bhd, for the construction of a warehouse with total built-up of 86,952 sq ft at an estimated cost of RM5.44 million.

Tiong Nam is principally involved in the provision of total logistic services, transportation, general and bonded warehouse facilities, coldroom facilities, container facilities, container haulage services, forwarding and project cargoes.
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