Thursday, November 28, 2013

GKent - expansion the capacity

It is looking at extending its reach in manufacturing water meters within Asean.

Since it exports to more than 20 countries, it is reviewing whether it would be feasible to build a plant outside Malaysia.

It is constantly expansion the capacity of its plant because the demand for water meters is extremely good.

Its biggest export market is Vietnam.

The water meter manufacturing business is the group’s core revenue earner.

The group is also looking at construction as its next core business. It will be looking at the construction of water infra and treatment plants as well as the transport sector as part of the business transformation.

Its construction and manufacturing divisions used to be on par in terms of earnings contribution. However, the construction business has since overtaken manufacturing.

It had in July 2013 received a contract for the engineering, procurement, construction, testing and commissioning of system works for the Ampang LRT Extension Project.

It was reported earlier that GKent & Johan, both controlled by Tan Sri Tan Kay Hock (said to be Najib’s golf buddy)…'

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