Xin Hwa Holdings Bhd (XINW)

Xin Hwa Holdings Berhad, an investment holding company, provides integrated logistics services in Malaysia, Singapore, and Indonesia. It operates through three segments: Land Transport, Warehousing and Distribution, and Others. The company offers cargo transportation services, such as consolidation and distribution of less than truck load cargo, inter-state cargo transportation, cross-border cargo transportation services, and transportation services for over-dimensional and heavy cargo for large-scale projects. It also provides container haulage services, such as inter-state and internal port haulage transportation services; and warehousing and distribution services that consist of general storage, inventory management services, and cargo consolidation for distribution, as well as other value-added services, which comprise picking, labelling, packing/unitizing, and palletizing. In addition, the company offers customs brokerage services, such as preparation and submission of customs clearance documents; coordinate with port operators, shipping liners, airliners, customs, and other relevant authorities; arrangement of transportation for the movement of cargo; and advisory services in relation to customs tariff codes, tax rates, tax exemption, duty drawback, and other matters relating to freight forwarding. Further, it is involved in the manufacturing and fabrication of trailers; rental of prime movers, trailers, and trucks; trading goods; and provision of management, and e-commercial and e-business transaction services. As of March 31, 2023, the company operated a fleet of 1,651 vehicles, which included prime movers, trailers, and trucks. The company was founded in 1965 and is headquartered in Johor Bahru, Malaysia. Xin Hwa Holdings Berhad is a subsidiary of NF Capital Management Sdn. Bhd.