Sin-Kung Logistic (KLSE:SINKUNG) signed a two-year memorandum of understanding with Airport Authority Hong Kong (AAHK) to strengthen cooperation in air connectivity and cargo development across Southeast Asia, Hong Kong and beyond.
The partners plan to explore multi-modal logistics solutions, digitalization initiatives and other opportunities to improve operational efficiency, according to a Tuesday Malaysian bourse filing.
The MOU is not expected to have a material impact on the company's earnings, net assets or gearing for the financial year.