Malaysia: Guardian Venture & KPS Create New Joint Venture
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Friday, 05 December 2008 |
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KPS and Guardian Venture Sdn, Bhd in Kuala Lumpur have concluded a
deal and formed a jointly owned company named KPS Fueling Solutions Sdn
Bhd, based in Kuala Lumpur, Malaysia.
The company has some 40 employees in total and will serve as the KPS
base for sales, service, technical support and installation in
the the South East Asia.
Mahinda Vallipuram, Chief Executive Officer, KPS Fueling Solutions Sdn
Bhd: “KPS is providing the best package in this fast growing part of
the world. We know because we have installed many hundreds of stations
with KPS products over the years in the region. To work closely with
KPS to develop the market is a perfect further development of our
business and the match between our two companies is good. To the end
clients, it means a supply chain that is complete inclusive of design,
installation solutions and training solutions. My team and myself are
really looking forward to working hard to serve our customers in the
best possible way.”
KPS and Guardian Venture create KPS Fueling Solutions Sdn Bhd
KPS announced that KPS and Guardian Venture Sdn Bhd in Kuala Lumpur,
Malaysia have concluded a deal forming a jointly owned company, KPS
Fueling Solutions Sdn Bhd
KPS Group Managing Director, Lars Selling: “We have had a successful
relationship with Guardian Venture over a long period. This move will
provide us with excellent competence, installation teams, technical
skills, training skills and a possibility to provide outstanding
service in the region. KPS will be able to fulfill our commitments
better than any competitor. Future business success is all about being
committed and paying attention to the customers, both the installers
and the oil companies and to do it quickly and adequately.” Lars
Selling continues: "This investment reflects our positive experiences
of working with the Malaysian market, and it is also a commitment
towards Malaysia as country for the future. We will now work out of
Malaysia as the base not only for our important customers in the
country, but as a hub for the whole region."
PetrolWorld 051208
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