Key developments The year witnessed MILS investing in 11 units of brand new Volvo FM440 prime movers and two additional units of trailers (Type IV) to strengthen its NGV t r anspo r t a t i on se r v i ces t o PETRONAS NGV’s petrol stations. MILS was also awarded a contract by Linde Malaysia Sdn. Bhd. for road distribution services of bulk gases in the central region after having provided services on an ad-hoc basis since 2013. The contract requires MILS investing in 31 units of brand new prime movers. At the SPAD Gala Dinner & Industry Awards Programme, MILS received merit awards as an operator for cargo transportation in the KA and A categories from the Land Public Transport Commission (SPAD) for its commitment to logistics excellence. Moving forward While the global logistics landscape is expected to remain challenging going forward, on a positive note, the scheduled implementation of the ASEAN Economic Community (by end 2016) will open up new opportunities for logistics players. In view of this, MILS is readying itself to handle cross border transactions while preparing for the influx of foreign logistics players. MILS is also working to strengthen its position domestically, striking a balance between sustainable operational excellence and cost optimisation. Going forward, the company will continue to develop and synergise its internal capabilities to pursue other growth sectors less sensitive to fluctuation in oil prices. It will also remain focused on providing high quality logistic services to its customers. Invested in 42 new Prime Movers and 2 new Trailers Received two merit awards from SPAD for commitment to excellence MISC BERHAD Annual Report 2015 69
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