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COSCO Shipping International Eyes Expansion in Malaysian Market

April 25, 2019

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As informed, the group is taking steps to grow business in Malaysia by obtaining a lease of a piece of land in the port area of Port Klang and constructing a warehouse.

The warehouse would have approximately 300,000 square feet on the land for the group’s operations.

What is more, the company is currently in negotiation with an unnamed party in Malaysia for potential cooperation which may involve the proposed acquisition of certain logistics businesses or the collaboration of a logistics partnership business in Malaysia.

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