Prospects for the Group for the next financial year
In alignment with Malaysia’s robust trade performance in 2024, Swift continues to experience growing
demand for our warehousing services. To support this growth, we have expanded our capacity by 387,000
sq. ft. through the acquisition of a warehouse in Penang and the construction of a facility in Westport, both
of which are now fully occupied. We have also entered into a joint venture with JWD Asia Holding Pte.
Ltd. to offer cold room and cold transportation solutions, with construction of the cold room targeted for
completion by 1Q2026. Furthermore, our associate company, Global Vision Logistics Sdn Bhd, remains
on track to complete the Shah Alam Logistics Yard by end 2025, adding 2.8 million sq. ft.
Swift’s commitment to sustainability remains central to our operations. We continue to prioritize carbon
emission reductions by constructing environmentally friendly, green-certified warehouses, operating
electric vehicle (EV) trucks, and installing solar panels across our facilities. To further enhance our
sustainability efforts, we are expanding our EV fleet. At the same time, we are progressing with the
installation of solar panels on all remaining viable sites, reinforcing our commitment to sustainable energy
solutions across our operations.
Despite potential challenges, we maintain a cautiously optimistic outlook for the next fiscal year. Our
strategy remains focused on capturing growth opportunities while advancing our Environmental, Social,
and Governance (ESG) agenda in alignment with Malaysia’s sustainable development goals. We are
closely monitoring key local and global factors that may impact the logistics industry, including tightening
regulations in Malaysia and recent policy shifts in the United States. With our agility in adapting to
regulatory changes and our commitment to innovation, we are confident in our ability to create lasting
value for our shareholders, partners, and communities.