The Board of Directors of PDZ wishes to announce that PDZ had on 17 July 2020 entered into a Collaboration Agreement with Sanichi to jointly develop and operate a regional e-Commerce logistics hub located in Desaru, Johor which will eventuate to the forming of Special Purpose Vehicle.......Huat Ah Huat Ah.....let cheers together in coming days
KUALA LUMPUR (July 17): Based on corporate announcements and news flow today, stocks in focus on Monday (July 20) may include: PDZ Holdings Bhd, Sanichi Technology Bhd, FGV Holdings Bhd (FGV), Daya Materials Bhd, LKL International Bhd, Perdana Petroleum Bhd, Naim Holdings Bhd, Boustead Holdings Bhd and Willowglen MSC Bhd.
Shipping firm PDZ Holdings Bhd and precision mould maker Sanichi Technology Bhd will jointly design, develop and manage a regional e-commerce logistics hub on 94.7 hectares of land in Desaru, Johor. The duo said they had concluded a collaboration agreement that would lead to the formation of a special purpose vehicle to carry out the project, which will facilitate bulk-breaking, packaging and distribution throughout the Southeast Asian region.
KUALA LUMPUR (July 17): Shipping firm PDZ Holdings Bhd and precision mould maker Sanichi Technology Bhd will jointly design, develop and manage a regional e-commerce logistics hub on 94.7 hectares (ha) of land in Desaru, Johor.
The two listed companies said they had concluded a collaboration agreement that would lead to the formation of a special purpose vehicle (SPV) to carry out the project.
"The massive 234-acre targeted location site for the e-commerce logistics hub is intended to facilitate bulk-breaking, packaging and distribution throughout the Southeast Asian region,” they said in a joint statement today.
In the collaboration, PDZ will provide its technical expertise in logistics management to design and implement an automated digital platform alongside world-class information and communication technology infrastructure to facilitate the operation of the e-commerce logistics hub.
Sanichi, a precision engineering company and a property developer, will be responsible for securing the site and permits with the relevant government agencies, coupled with designing, developing and construction of the entire 94.7ha site.
There may be other yet-to-be-identified stakeholders involved in the venture, the companies said, adding that they would finalise the complete list of stakeholders within 90 days from the execution of the agreement to form an SPV to execute the mega project.
one parties to generate new for billion hub hub hub... another party starts selling the stake
16-Jul-2020 Insider CITA REALITI SDN BHD (a substantial shareholder) disposed 11,700,000 shares on 15-Jul-2020. 16-Jul-2020 Insider CITA REALITI SDN BHD (a substantial shareholder) disposed 43,300,000 shares on 14-Jul-2020. 16-Jul-2020 Insider CITA REALITI SDN BHD (a substantial shareholder) disposed 10,852,100 shares on 13-Jul-2020. 13-Jul-2020 Insider CITA REALITI SDN BHD (a substantial shareholder) disposed 50,000,000 shares on 09-Jul-2020.
Posted by liverfool > Jul 22, 2020 9:12 AM | Report Abuse
Regional E-Commerce Hub at Desaru? It's doesn't make sense on geography wise. There have 2 ports in Johor which is at Pasir Gudang port and PTP. The nearest to Desaru is Pasir Gudang and need at least 50 minutes driving between to destination.
This project sound too good but I don't think workable.
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Posted by penniless_anchovy > 2020-07-17 15:24 | Report Abuse
bila mau fly?..siapa byk buang dkat 8c???