KUALA LUMPUR – MMAG Holdings Bhd has agreed to purchase industrial land in Penang worth RM41mil to expand its logistics business.

Wholly-owned unit Line Clear Express and Logistics Sdn Bhd plans to develop and set up a regional hub and warehouse in the region. The new warehouse will increase Line Clear’s storage land area to 1,276,022 sqf from the current 726,097 sqf. Currently, the group has 45 branches and depot throughout the entire country.

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