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Sep 29, 2024 · Yoong Nyock Ong is currently the Chairman of Linocraft Holdings Ltd. and the Group MD & Non-Independent Executive Director of Tiong Nam Logistics Holdings Bhd. He is also a Director in several other companies including Linocraft Printers Sdn.
- Valuable “Stock” in Warehouse
- 1) Growing demand for integrated logistics solutions
- RISKS
THIS REPORT IS STRICTLY FOR INTERNAL CIRCULATION ONLY
i. Outsourced logistics vs. In-house logistics. In a typical supply chain model, it involves movements of products from upstream to downstream, which cover sourcing and procurement, conversion and production, and logistics management. By outsourcing logistics needs, management believes that it can free up company’s resources and focus on what it...
Driver shortage. The shortage of lorry drivers is a threat to any transportation companies, including Tiong Nam. To mitigate the problem, the company will sub-contract some logistics jobs to third party drivers and lease their lorries. Tenancy discontinuation. There are one third of Tiong Nam’s warehouses, which are currently leased from third pa...
Mr. Yoong Nyock Ong has been Chairman at Linocraft Holdings Limited and has been its Executive Director since April 21, 2017. Mr. Ong serves as Managing Director of Tiong Nam Logistics Holdings Bhd (former... Show more.
Mar 20, 2017 · KUALA LUMPUR (March 20): Tiong Nam Logistics Holdings Bhd has set up a new unit in China to expand its logistics business to that country. Called Tiong Nam Logistics Solutions (Shenzhen) Co Ltd, it is held by wholly-owned subsidiary Tiong Nam Logistics Solutions Sdn Bhd.
Mr. Ong Yoong Nyock, was appointed as a Director of our Company on 21 April 2017 and redesignated as our executive Director on the same day. He has been serving as a director of our Group since 8 August 1997.
Apr 20, 2021 · Upon completion of the proposed placement, 68-year-old entrepreneur Ong Yoong Nyock will become a substantial shareholder of the company. Ong is expected to subscribe 53.57 million shares in IWCity for a consideration of RM25.71 million. — TMR. Dutch Lady to build new production facility.
Group MD & Non-Independent Executive Director, Tiong Nam Logistics Holdings Bhd. Currently, Yoong Nyock Ong holds the position of Chairman at Linocraft Holdings Ltd. and...