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Malaysia: Tokheim Adds to South East Asia Presence

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Wednesday, 27 November 2013
tokheim_logo.png
Leading fuel retail solution provider tokheim has announced an investment in Guardian Venture Oil & Gas, strengthening its presence in South East Asia.

Guardian Venture Oil & Gas operates in the distribution, design, supply, service and maintenance sectors for the fuel retailing and commercial sector in Malaysia. Speaking in Kuala Lumpur, Tokheim President Patrick Berthon noted that the investment made in Guardian Venture confirms the company's commitment to the oil companies in Malaysia by establishing a direct presence in the territory.  
 
“Malaysia has been identified as a growth priority for Tokheim and this investment enables the organisation to focus on achieving this objective. The company will now be able to offer a total solution including a range of service and maintenance packages as are currently provided to more than 40,000 service stations across Europe, Africa, China, India and Latin America," noted Berthon. "Tokheim will deliver the same the level of quality service to Malaysian clients as is provided today to the major, national and independent customers across the globe,” he added. 
 
“I welcome our new partner and I believe that this will demonstrate that the Bumiputra company is progressive and is constantly pushing the boundaries to enhance its product offering and extend service capabilities to its customers,” said Asgari Tun Fuad Stephens, Managing Director of Guardian Venture Oil & Gas. Looking to the future, Stephens said, the company will be known as Tokheim Guardian Venture. KPS Fueling Solutions will continue to work closely with the company
The company has appointed Patrick Berthon, Ismail Md Isa and Arlina Abdul Majid as Directors. Ismail Md Isa, a figure with over 25 years of experience in the industry, has been appointed as Chief Executive Officer.
 
PetrolWorld 27112013
 
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