The Star – September 06, 2012
Sibu-based firm looking at SCORE to further enhance economic growth.
SIBU: Pansar Berhad is continuously looking for investment opportunities to enhance its growth.
“In any business investments which we are looking at, they need to have synergy with what we are doing, whether they are upstream or downstream,” said its managing director Jason Tai.
Speaking to reporters after the company annual general meeting yesterday, he said the development of Samalaju as one of the Sarawak Corridor of Renewable Energy’s (SCORE) growth areas with expected inflow of huge foreign investment, was a place which the company was eyeing to invest.
“Even though with the global market downturn where Europe and America are not recovering much and China also affected, we are very excited with development opportunities in Samalaju,” he added.
The investment opportunity which it was eyeing was in line with its core business of distribution, trading and servicing of mechanical and engineering which it had been doing for the last 51 years.
Tai said the future was very bright for the company, the leader in mechanical and engineering services in the state with the development of SCORE.
“In terms of growth, we rely on our traditional principle which has carried us forward in the last 50 years where sustainability is very important to us. We want sustainable growth so as to benefit the community at large,” he added.
In preparation for its future growth and to serve its customers better, he said staff from its 15 branches nationwide, including one in Singapore, had been entrusted to do after-sales service and not just doing their normal work of selling its products.
He said as most of its products were more towards engineering and technical, it needed people with the know-how to handle the marketing side.
This was to ensure that its clients know how to use its products.
| Top brass: (From left) James, Jason and Chin at the meeting. |
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Solutions-driven trading and engineering company declares 2 sen dividend.
SIBU: Pansar Berhad has declared a dividend of 2 sen per ordinary share consisting of franked dividend of 1 sen per ordinary share less 25% tax and single tier dividend of 1 sen per ordinary share, after posting a turnover of RM399.1mil, gross profit of RM56.1mil, after tax profit of RM15.8mil, and earnings per share of 5.64 sen for its financial year ended March 31, 2012.
At its 38th annual general meeting yesterday here, chairman Datuk James Tai Cheong said that with the company being prudent and conservative in its financial management, performance for the year was creditable in the context of the challenging global and domestic market environment.
Among those attending the meeting were its managing director Jason Tai and chief operating officer Stephen Chin Yun Chieh.
He added that Pansar was putting in place further measures to strengthen its competitiveness and profitability to withstand the anticipated pressures of the coming year.
Pansar Berhad (www.pansar.com.my) is a solutions-driven trading and engineering company with a strong 50-year track record centred on established world-renowned brands and backed by people with strong values, diverse experience and proven expertise.
This adds unmatched value to the innovative solutions it designs, installs, commissions and maintains for its diverse customer base of airports, hospitals, industrial complexes, oil and gas companies, power utility companies, shopping malls, universities, large commercial and residential buildings, and others in Malaysia and beyond.
It is listed under the stock code “Pansar” (8419) in the Trading and Services section on the main market of Bursa Malaysia.
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