We build our Company based on the Operations Mantra of ‘Customer First’. We have
established ourselves as the supplier of choice in our markets. It is important for us to note
the hardwork and dedication of all our staff located in the various markets.
As can be noted, our footprints are in many emerging economies. These countries are either
newly independent or newly opened to foreign investors. Another common trait in these
economies is the need and increasing demand for fuel. With numerous infrastructure
development projects, we expect the consumption of diesel to continue to grow substantially
over the next ten to fifteen years.
In addition, our experience as strategic investors also places us in a strong position to identify
other demand trends in the markets where we operate. As such, we have become one of the
largest supplier of bitumen into Timor Leste.
We have also strengthened our relationships with the Storage Terminals in Taiwan, Malaysia,
Indonesia, Timor Leste and Korea. The location of these tankages are of strategic importance
to us. Our fuel trading division is able to spot short and long positions in different markets.
The storage capacities of our partners in these regions allow us to respond to the demands
promptly.
Furthermore, we are also able to load fuel to supply to our customers from all these different
locations. Taking advantage of the proximity and capturing the freight savings into our sales.
Our fuel supply division is not limited to onshore business only, we are also selling bunker
fuel on the high seas, especially in regions of the South Pacific Seas, to fishing fleets and
other vessels.
All in all, I believe we are in a very good position to continue to capture the growth in these
emerging economies and hopefully open up even more markets for our Group. I would like to
extend my most sincere thanks to our loyal customers, who have supported us through the
years.