KUALA LUMPUR: Second board-bound Favelle Favco Bhd, a leading customised crane manufacturer for the offshore oil and gas, construction and marine industries, plans to focus on expanding into new markets.
Having successfully penetrated the US, Mexico, Azerbaijan and the countries around the North Sea over the past five years, the company was now setting its sights on expanding into new markets in Russia, Brazil and the Middle East, said chief executive officer and deputy managing director Mac Chung Hui.