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Announced

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J&T Express completed the acquisition of a 30-acre parcel of land in Malaysia for $136m.

Synopsis

J&T Express, an international express logistics company, completed the acquisition of a 30-acre parcel of land in Malaysia for $136m. "As a global integrated logistics service provider, J&T Express is committed to providing customers with more efficient and convenient services. It remains our emphasis to strengthen our leadership position in Southeast Asia through expanding our presence in existing markets. The new facility will be fitted with our advanced technology, which enables us to better tap on our existing networks to meet the growing demands of the burgeoning e-commerce industry in Southeast Asia," Charles Hou, J&T Express Vice President.

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