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Article: Sime unit sees growth in heavy equipment rental ops
- Article from:
- New Straits Times
- Article date:
- June 24, 2009
- Author:
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Rizalman Hammim
New Straits Times
06-24-2009
Sime unit sees growth in heavy equipment rental ops
Byline: Rizalman Hammim
Edition: Main/Lifestyle
Section: Business Times
Type: Company
SIME Darby Industrial Sdn Bhd expects its heavy equipment and industrial machines rental business to continue growing despite the current economic slowdown, as most companies look to cut cost.
Sime Darby Industrial managing director Chong Kwea Seng said the company expects the rental business to grow by about 50 per cent this year.
"Most companies do not want to be tied up with the acquisition of assets during the current slowdown, so the best option for them is to rent the equipment they need. That is why we ...