Sin-Kung Logistics Bhd.
MMYX:SINKUNG0.08
MYR
0.00
(0.00%)
ISIN
MYQ0305OO001
Return %
Stock
S&P 500
1Y
-30.43
14.20
3Y
- -
81.12
5Y
- -
68.34
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- CEO
- Alan Ong Lay Wooi
- Sector
- Transportation
- Industry
- Airlines
- Address
- Shah Alam Malaysia
- IPO Date
- May 15, 2024
- Website
- sinkung.my
- Similar Companies
- Business
- Sin-Kung Logistics Berhad is an integrated logistics and supply chain management service provider headquartered in Shah Alam, Selangor, Malaysia. Founded in 1994, the company provides comprehensive road freight, haulage, and freight forwarding solutions across Malaysia, Singapore, and Thailand. The company operates across four primary business segments: Trucking Services, Container Haulage, Warehousing and Distribution, and Freight Forwarding and Other Logistics-Related Services. Its core service offerings include airport-to-airport road feeder services; point-to-point and door-to-door chartered trucking; customs-bonded cargo transportation; scheduled line-haul and distribution logistics; sea-to-land container haulage connecting major maritime ports including Port Klang and Penang Port; bonded and general ambient warehousing; inventory storage and warehouse management; cross-docking, consolidation, and de-consolidation; pick-and-pack, labeling, and value-added cargo handling; international air and ocean freight forwarding; and customs clearance, documentation, and brokerage services. Sin-Kung Logistics caters to a broad customer base comprising multinational freight forwarders, airlines, consumer goods distributors, electronics and semiconductor manufacturers, and industrial corporations. In recent corporate developments, the company completed its initial public offering (IPO) and debuted on the ACE Market of Bursa Malaysia in May 2024, raising expansion capital to fund operational growth. Following the listing, the company has deployed investment capital to expand its commercial transportation fleet through the procurement of additional prime movers and trailers to scale its domestic and cross-border trucking capacity. Furthermore, Sin-Kung Logistics is executing strategic initiatives to enlarge its warehousing capacity in central Malaysia and strengthen cross-border road feeder routes connecting Peninsular Malaysia with key regional hubs in Thailand and Singapore.