Xin Hwa fleet expansion on track

PETALING JAYA: Integrated logistics service provider Xin Hwa Holdings Bhd said it will continue to acquire and expand its fleet of vehicles as part of its ongoing plan to undertake additional small-scale to large-scale projects that cater to customers’ requirements and demands.
In a statement yesterday, its managing director Ng Aik Chuan said the group was granted a bonded warehouse licence late last year, for its newly built warehouse at Pasir Gudang, Johor.
He said its customers are only required to make payment of import duty and excise tax for their products when the products are removed from the bonded warehouse, thus improving customers’ cash flows.
Xin Hwa, which was listed on the Main Market of Bursa Malaysia on June 30, 2015, provides integrated logistics services in land transport operations, warehousing and distribution operations and other services.
Its land transport operations incorporate cargo services and container haulage services whereas other services incorporate freight forwarding and customs brokerage services as well as manufacturing and fabrication of trailers.