BUSINESS

BANLE GROUP HIGHLIGHTS SUSTAINABLE GROWTH STRATEGIES AT INVESTOR WEBINAR

26/04/2024 03:23 PM

KUALA LUMPUR, April 26 (Bernama) -- Banle Group, a reputable marine fuel logistics company in the Asia Pacific region, hosted an Investor Webinar, on April 23.

Its Chairman and Chief Executive Officer, Teck Lim Chia, along with Chief Financial Officer, Raymond Chiu, discussed the group’s business strategies to sustain its leading position in the Asia Pacific market and further expand into the European market.

They also shared the healthy and highly liquid nature of its capital structure, as well as its initiatives in exploring the supply of alternative fuels.

Chia said the group has seen continual growth over the years thanks to its niche position in the bunkering industry, agile operation, prudent financial management as well as its industry reputation and knowledge.

“Going forward, further expansion of service network in both the Asia Pacific and Europe will give impetus to our sustainable growth. We will also take proactive steps in exploring alternative fuel options so as to swiftly respond to market demand changes.

“My ultimate goal is to lead the group to new heights and create greater value for our shareholders,” he said in a statement.

Banle Group is dedicated to delivering exceptional bunkering services that cater to the evolving needs of the maritime industry. As the group focuses on expanding its operations in Europe, it continues to forge strategic partnerships and explore new opportunities to provide efficient and reliable solutions.

Established in 2015, CBL International Limited is the listing vehicle of Banle Group, which is actively promoting the use of alternative fuels.

-- BERNAMA


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