BANGKOK, Sept 26, 2025 - (ACN Newswire) - SCGJWD Logistics PCL (SET: SJWD), the largest integrated logistics and supply chain service provider in ASEAN, is further expanding its cold storage warehouse business, increasing coverage from the CLMV + China group of countries to Indonesia, the Philippines, Malaysia and Singapore. This enlarged regional cluster reinforces the Company's position as a strong Cold Chain Hub in ASEAN, capitalizing on the growth of cold storage in the region and leveraging cold storage as a growth driver for the core business.

Mr. Bunn Kasemsup, Co-CEO of SCGJWD Logistics, remarked that the Company recognized the economic growth potential in Indonesia, the Philippines, Malaysia and Singapore as leading ASEAN countries driving regional economies. "We are expanding our cold storage warehouse and temperature-controlled transport business from the 'CLMV + China' group of countries (Cambodia, Lao PDR, Myanmar, Vietnam + China) to these Southeast Asian countries to enhance our position as a Cold Chain Hub in ASEAN – a strong center of the cold storage warehouse business in ASEAN, including the creation of a regional cold storage warehouse clusters."

SCGJWD has invested in logistics services in Indonesia since 2017 through joint venture PT SCG Barito Logistics, and is capable of providing country-wide logistics services, covering the major islands of Java, Sumatra, Kalimantan, Sulawesi, Bali, and Maluku. Services include land transport, general warehousing and dangerous goods storage, with a fleet of more than 200 trucks. In 2025, SCGJWD expects to realize a revenue of US$45 million, an 8% year-on-year increase, mainly from serving customers within the SCGJWD Group and Thai companies investing in Indonesia. SCGJWD has also entered into a joint venture with the Samudera Group, a major Indonesian shipping line operator, to manage cold storage warehouses, and is in negotiations for a business collaboration with a major Indonesian cold storage warehouse operator, which runs seven cold storage warehouses with a combined capacity of 30,000-40,000 pallets.

Malaysia was the latest country SCGJWD has invested in, partnering with Swift Haulage Berhad (SWIFT), a major integrated logistics service provider listed on the Malaysian Stock Exchange, to establish joint venture Swift Cold Chain Sdn Bhd to invest in three cold storage warehouse projects. These are: (1) The GVL Cold Chain project, within Shah Alam International Logistics Hub covering approximately 11,000 m2 with a 10,000 pallet capacity. Construction is expected to be completed in Q4 2025 for service in early 2026; (2) The cold storage warehouse project in Johor Bahru covering 10,000 m2 with a 10,000 pallet capacity. Preparations to start construction are currently under way and are expected to be completed in Q4 2026. Both these projects will require a total investment of more than 800 million baht; (3) The cold storage warehouse construction project in Penang, with an area of 10,000 to 20,000 m2. This project is expected to be finalized in Q1 2027.

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