Wah Seong to distribute construction equipment in East Malaysia
KUALA LUMPUR: Wah Seong Corporation Bhd’s (Wah Seong) indirect subsidiary, WDG Resources Sdn Bhd (WDG) has been made the exclusive distributor for South Korea’s Doosan Infracore Co Ltd(Doosan) construction equipment throughout Malaysia, paving the way for the company to tap vast business opportunities in East Malaysia.
This follows the signing of an exclusive distributorship agreement between WDG and Doosan, which is South Korea’s global leader in infrastructure support equipment.
The agreement extends WDG’s exclusive distributorship rights to also cover Sabah and Sarawak from just Peninsular Malaysia, previously.
In June 2017, WDG had been appointed the exclusive distributor of Doosan range of equipment including excavators, wheel loaders and articulated dump trucks within Peninsular Malaysia.
Wah Seong managing director and group chief executive officer Chan Cheu Leong said, the expanded distributorship provides a great opportunity for WDG to participate in infrastructure and construction projects in Sabah and Sarawak, including the massive 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 added.
In a press statement, it said the distributorship will contribute positively to the earnings of Wah Seong Group over the period of the distributorship agreement. Traditionally, Wah Seong Group’s industrial trading and services division is mostly entrenched in Peninsular Malaysia; this latest partnership gives the division an opportunity to reach out to Sabah and Sarawak in terms of trade and new opportunities.
Under the two-year distributorship agreement, WDG can leverage on Doosan’s machinery and equipment to take part in infrastructure projects in Sabah and Sarawak.
Chris Jeong Kwan Hee, vice president of Sales & Marketing of Doosan said the partnership with WDG will further establish Doosan brand in Malaysia.
“WDG has been effectively and successfully promoting Doosan products in the Malaysian construction industry since 2017. With the exclusive distributorship given to WDG, we are confident to establish a strong presence in the local infrastructure project business,” he added.