Company Update
- Hong Leong Asia revealed recently that its refrigeration and cooling products division under Frestech/Xinfei
in China has formed a "partnership with Integrated Logistics China to build and operate a central
distribution centre".
- Frestech/Xinfei is a high-growth blue-chip client of which ILB can piggy-back on to expand its presence and
scale of operation in China.
RHB Equity 360° - 19 October 2010 (ILB, Public Bank; Technical: Ann Joo)
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