Thursday, October 11, 2012

Pansar RM 355 million revenue

Pansar banking on its capabilities to expand into global market

by Emy Lindsay, emylindsay@theborneopost.comy
KUCHING : Sarawak based conglomerate, Pansar Bhd (Pansar) aims to become a one-stop total solution provider in building materials and systems for the building industry in the region.
The company, dealing in building products; marine and industrial; agro engineering; electrical and office automation as well as mechanical and electrical engineering is looking to consolidate its business activities in the near future with the hope of expanding into overseas market.
Listed on the main board of Bursa Malaysia, Pansar has a huge network of 17 branches within Malaysia including Singapore and Brunei Darussalam, out of which in its financial year of 2011, the company commanded a healthy revenue of about RM355 million, with gross profit of over RM50 million and profit after tax amounting to RM20 million.
When interviewed yesterday, Pansar’s chief operating officer Stephen Chin said that the company was diversified in its businesses and it had the relevant resources, specialisation and value-added services for all its clients for minor and major building projects.
He revealed that the company undertook turnkey projects for the state and federal governments, adding that it tendered for all the projects based on its capabilities.
“We measure our capability for each of our projects based on the services that we can provide and people are the real assets. Our people with the specialties are the ones that get the projects done,” affirmed Chin.
In relation to its business activity, Pansar organised a ‘Plumbing & Pressure Pump Solutions Seminar’ held at a leading hotel near here yesterday for those involved in building management, consultancy and engineering.
The seminar highlighted a presentation of multi-purpose imported pumps from Denmark called Grundfos and high quality pre-insulated pipe systems from Austria named Ke-Kelit.
Chin pointed out that the company organised this seminar to promote and increase the market presence of both products among its clientele in Sarawak as the products were relatively unknown in the local market.
“Both of these products have been certified according to the highest level of the certification processes and they are widely used in major building landmarks all over the world,” added Chin.
Grundfos is one of the world’s leading pump manufacturers specialising in heating and hot water service systems; cooling and air conditioning systems; industrial applications; pressure boosting and liquid transfer; groundwater supply; domestic water supply; wastewater; environmental applications; dosing and disinfection as well as renewable-energy systems.
As for Ke-Kelit’s product, it covers four core areas that could withstand the pressure of water, fire, earth as well as air and it specialises in the development, production and sales of pipe systems, pipe insulation and pre-insulated pipes.
Meanwhile, Pansar’s general affairs manager, Eddy Puah informed that the company could also do air conditioning ventilation for big buildings, adding that Pansar had installed the cooling ventilation in all the major airports in the state.

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