KUALA LUMPUR: Japan’s Nichirei Corp has made a strategic investment in Khazanah Nasional Bhd’s halal cold chain logistics company.
Khazanah yesterday said Nichirei, through its unit Nichirei Logistics, had bought a 40 per cent stake in Cold Chain Network (M) Sdn Bhd (CCN).
CCN chairman Datuk Mohd Rafik Shah Mohamad said the partnership will enable it to achieve its vision of becoming the leading halal cold chain logistics company in the region that provides total logistics solution to all its multinational and domestic customers.
CCN offers a complete cold chain logistics solution leveraging on its 200,000 sq ft one stop centre with modern facilities and logistics management system.
Having served the Malaysian and Singaporean cold chain industries for more than ten years, CCN was the first to receive the MS2400:2010 Halalan Toyyiban Assurance Pipeline for Logistics Scheme certificate in Malaysia from Sirim.
The entry of Nichirei Logistics, known for its global cold chain logistics expertise and business network, would enhance CCN’s current operations and drive its expansion plan in Iskandar Malaysia for the southern region logistics development and the Northern Corridor Economic Region for the Trans-Asian cross-border logistics requirement.