KGW Group seeks to grow customer base abroad

KUALA LUMPUR: ACE Market-bound KGW Group Bhd, an end-to-end logistics solution provider, aims to grow its customer base in the countries where it currently engages while looking to expand to other markets.

KGW, which specialises in ocean freight, air freight and freight forwarding services, is seeking to raise about RM16.73mil from its initial public offering (IPO), with 60% of the proceeds earmarked for repayment of bank borrowings.