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MESSAGE FROM THE CHAIRMAN

MESSAGE FROM CEO

MESSAGE FROM THE FINANCE
DIRECTOR


MESSAGE FROM THE EXECUTIVE DIRECTOR

With a rich history of 75 years, Kit Loong Tyre has accumulated a wealth of experience in the tyre industry, including lots of related data and information, which form the foundation of our know-how. Our constant scrutiny of these records convinced us of the need for a progressive approach to satisfy market needs.

From our analysis, we view the evolution of the Malaysian tyre market under 4 defining eras :-

From 1930-1970, the market was characterized by simple needs for tyres, basically to keep vehicles moving. From 1970-1990, commercial fleet transport companies that were formed focused more on business generation rather than tyre issues, while increased passenger car tyre needs was confined to a narrow range for predominantly lower capacity cars. From 1990-2003, commercial fleets focused on improving operational efficiency, with limited improvement emphasis on tyre factors, while passenger car tyre range began to widen in tandem with increased choice of car models. From 2003 onwards, AFTA, globalization and maturing of the internet revolution are transforming the market dramatically, compelling commercial fleets to start focusing on tyre factors that are related to efficiency, fuel savings, cost effectiveness, productivity and other values, in order to compete and satisfy their customers' needs, while more informed car owners are demanding specific tyre benefits to satisfy their individual needs.

Significantly, the evolution indicates a market that is changing very rapidly and increasingly defined by distinct customer needs under 2 broad segments, namely commercial tyre and passenger tyre segments.

 


Recognizing this reality, Kit Loong Tyre has since 2003, reorganized and re-engineered our group business structure accordingly under 2 distinct divisions, namely Commercial Tyre Division and Passenger Tyre Division, for effective deployment of our group resources and infrastructure to deliver real value to our customers.

Kit Loong Tyre constantly strives to strengthen our value chain, and to contribute to the value chains of our customers and suppliers alike.

We are particularly gratified that our successes in this endeavour, throughout our 75 years history, have been contributed in no small measures by the unwavering support of our business alliance partners, many of whom continue to be our long and loyal customers and suppliers. Their trust and faith in Kit Loong Tyre are sincerely appreciated, and reflect our ability and success in implementing various alliance programs, which will continue to be developed as the cornerstone of our market approach.

Through our 75 years experience, we are constantly encountered with the realization that in the face of continuous changes, what consistently remains unchanged is fundamentally the Asian culture and value system in business transactions. In addition to our commitment to preserve this positive tradition, we are positioned to complement it with an effective blend of professional management techniques and practices.

Kit Loong Tyre is confidently moving forward on the foundation of a strong tradition and with the drive of a dynamic vision.

 
 
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