Thursday, March 29, 2012

Kontena eyes PUNB's SMEs business

Source From (The Sun Daily): http://www.thesundaily.my/news/334353

Published: on 29 March 2012
PREMALATHA JAYARAMAN
sunbiz@thesundaily.com

KUALA LUMPUR (March 28, 2012): Kontena Nasional Bhd, which expects a revenue growth of between 15% and 18% in 2012, wants to provide logistics services mostly small and medium enterprises (SMEs) under Perbadanan Usahawan Nasional Bhd (PUNB).

CEO Hood Osman said the company is in talks with PUNB to provide the services like logistics product management and inventory, and is also compiling the data and analysing the later’s beneficiaries’ need.

“We had a few sessions with them (PUNB). We hope to come up with a product that PUNB and its beneficiaries will be able to take us into their consideration. We will be presenting to them in two weeks’ time. Hopefully, it materialise by May.

“PUNB’s beneficiaries are involved in variety of businesses.

"We can feature or tailor-made services at a more competitive rate. Providing quality services is essential in order to be a successful logistics player,” he said at a media luncheon on Wednesday.

On its outlook this year, Hood said it will be driven by organic growth and new businesses with the haulage segment continued to be the main contributor, followed by international freight forwarding, distribution, supply chain solutions, cold chain solutions and Halal logistics.

Hood said the new businesses created last year such as warehousing and trucking are on an upward trend and will contribute to its growth.

The company will announce its 2011 financial results next week.

Hood said the company expects the haulage segment to contribute between RM80 million and RM90 million in revenue this year, trucking services RM25 million, warehousing RM25 million, freight forwarding sales between RM30 million and RM35 million.

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