12 Jan 2024 – IJM acquired 25% stake in Global Vision Logistics Sdn Bhd

IJM Corp Bhd, through its subsidiary IJM RE Sdn Bhd, has acquired a 25% stake in Global Vision Logistics Sdn Bhd (GVL) via a share sale agreement with Swift Haulage Bhd and Hartamas Mentari Sdn Bhd. GVL is the developer of the Shah Alam International Logistics Hub (SAILH) in Selangor. This move aims to meet growing demands in the logistics sector, particularly driven by e-commerce and supply chain diversification. SAILH, set to be one of ASEAN’s largest green-certified logistics hubs, will feature eco-friendly elements and offer significant warehouse space. The partnership is seen as pivotal for GVL’s growth and industry advancement . Explore additional information in the articles provided: