business

Xin Hwa braces for booming warehouse demand

KUALA LUMPUR: Xin Hwa Holdings Bhd is set to capture the booming warehousing demand with the opening of its new 300,000 sq ft e-fulfilment centre in Shah Alam today.

In a statement, the integrated logistics services provider said the landmark facility was a purpose-built building designed to facilitate e-commerce logistics.

Managing director Ng Aik Chuan said this marked an important milestone for the company as its investment and hard work over the years to build the facility had finally come to fruition. 

"Since our venture into warehousing and distribution business in 2007, it has been a rewarding journey for the group as we grow together with our customers. 

"With the addition of this facility, not only does it expand our warehousing services, but it also enables Xin Hwa to extend our land transportation services to customers of e-fulfilment centre," he said.

Ng added that the centre had opened door to a whole new customer segment for Xin Hwa. 

"In fact, at this e-fulfilment centre, we now serve leading online shopping platforms in Malaysia and even foreign e-commerce logistics companies, including one of the largest unicorns in China," he added.

Xin Hwa said the centre stood out from other conventional warehouses due to its ability to cater for fulfilment that involves high volume and smaller-sized packages to be delivered by trucks, which was critical in fulfilling the surging volume in e-commerce activities. 

The facility also has several built-in conveyor elevators to transport items between floors, which speed up goods mobility within the warehouse.

Ng said the company was confident that the new facility would bring Xin Hwa to greater heights while generating positive value for both its shareholders and stakeholders. 

He said the company was experiencing a pick-up in demand for its logistics services. 

"With the imminent progression towards endemicity and reopening of international borders by April 1, 2022, we expect the demand uptrend to sustain. 

"Xin Hwa is poised to ride on this positive trajectory and we certainly look forward to much better performance in the coming year," said Ng.

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