CWT opens two logistics hubs worth more than S$80m

Mainboard-listed logistics company, CWT, has opened two new logistics hubs in Singapore, expanding its warehouse space by one million sq ft. The new facilities cost CWT more than S$80 million, but they are expected to help drive revenue up by some 10 percent. Most of the new space will be used to store chemicals, which will help boost CWT's position in the sector. Loi Pok Yen, Group CEO of CWT, said: "We...

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