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Jul 30, 2008

TRUCKS' PURCHASE PROSPECTS * Malaysia - Yinson planning to buy more trucks

Firm will invest RM6mil to enhance its fleet and cut fuel costs

Johor Baru,Malaysia -The Malaysia Star, by ZAZALI MUSA -July 29, 2008: -- Yinson Holdings Bhd will invest RM6mil to add 20 to 30 new trucks to its existing 350-unit fleet in the financial year ending Jan 31, 2009... Managing director Lim Han Weng said, while Japanese-made cars were fuel-efficient and a favourite among car owners, the same could not be said of Japanese-made trucks... Lim said although the European models were higher priced, cost-wise they were a better choice, as they were more economical... He said since fuel made up between 30% and 40% of the company’s operating cost, it preferred trucks that were more fuel-efficient... He added that apart from owning trucks, Yinson also hired about 200 trucks from smaller transporters...

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