“The EL Group specialises in the cold chain transport of food items and temperature-sensitive products. At the end of 2019, before the outbreak of the pandemic, he had established EL Cold Chain Logistics Sdn Bhd — in line with the EL Group’s target of becoming an integrated logistics company. EL Cold Chain Logistics, which provides rental of cold storage space as well as cold-chain transport services, is Khor’s biggest project to date. “The residential property market may have seen a slump in prices, but this is not the case for industrial properties. But since I prefer to invest directly in a business, I am willing to take on risks that I can manage and mitigate.”

Source: The Edge Markets August 04, 2021 05:26 UTC