As the value of the company is tied to the performance of the company, it is in the interest of the warring shareholders to argue and fight outside the company.
KUALA LUMPUR: Wah Seong Corp Bhd's indirect subsidiary has expanded its exclusive distributorship of South Korea's Doosan Infracore Co Ltd construction equipment to East Malaysia.
Under the two-year agreement, WDG Resources Bhd now has exclusive rights to distribute the equipment throughout Malaysia.
According to Chan Cheu Leong, managing director and group CEO of WSC, the agreement provides an opportunity for WDG to participate in infrastructure and construction projects in Sabah and Sarawak, including the Pan Borneo Highway.
“The extension of the Doosan distributorship will double the sales potential for WDG.
"WDG is confident of riding on its excellent track record to break new grounds in Sabah and Sarawak,” he said.
The development is expected to contribute positively to the earnings of WSC Group over the period of the distributorship agreement.
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