FGV Berhad : Acquires 44 MAN Trucks to Strengthen its Logistics Business

Mohd Jainal Ismail, Chief Executive Officer of FGV Transport and Andrew O'Brooks, Managing Director of MAN Malaysia at the handover ceremony of the prime movers

KUALA LUMPUR, 28 December 2021 - FGV Holdings Berhad (FGV), through its logistics arm and subsidiary, FGV Transport Services Sdn. Bhd. (FGV Transport) has recently acquired 44 MAN TGS 6×4 prime movers from MAN Truck & Bus (M) Sdn. Bhd. (MAN Malaysia), a wholly-owned subsidiary of MAN Truck & Bus SE of Germany.

With the new fleet additions, the FGV Group now owns 560 units of trucks - 503 units for inland transport and 57 units for courier transport.

Mohd Nazrul Izam Mansor, FGV's Group Chief Executive Officer said, "As a major logistics player in the country with a fleet of over 500 trucks and 14 nationwide hubs, the new fleet additions will support the Group in meeting the rising market demand for efficient logistics management."

"This purchase is also part of the Group's plan to strengthen our inland businesses under FGV Transport, with a projected additional revenue of RM6.5 million a year," added Mohd Nazrul.

The first 15 units of the 44 prime movers have been delivered, with the remaining units expected to arrive by the end of December.

MAN TGS 33.480 6X4 variant powered by the MAN D26 common-rail diesel engine with a maximum power output of 480hp and 2,300 Nm of torque

Andrew O'Brooks, Managing Director of MAN Malaysia remarked that the tender win was a significant boost for the company and brand. It was also the largest single order for MAN Malaysia in 2021.

"Major transportation and logistics companies are increasingly putting their trust in MAN Trucks. Despite the pandemic, we have recruited a number of new customers to the MAN Truck family in the last 24 months. We are honoured that FGV Transport is among them. We are optimistic about future growth in 2022, having established ourselves as a leading provider of intelligent and sustainable transportation solutions with the recent launch of our Euro V-powered New MAN Truck Generation," said O'Brooks.

The trucks' model is MAN TGS 33.480 6X4 variant powered by the MAN D26 common-rail diesel engine with a maximum power output of 480hp and 2,300 Nm of torque. The engine is mated to a 12-speed MAN TipMatic® gearbox with retarder and off-road ready software.

FGV Group now owns 560 units of trucks to meet the increasing demand for the logistics industry

Mohd Nazrul also said that the MAN Trucks' high-capacity engines are ideal for FGV Transport's operations, which involves transportation of high volume of bulk or liquid cargo with an average capacity of 40 metric tonnes (MT) per trip.

"They are also equipped with various safety features that include two auxiliary brakes which is an important component required by FGV Transport in ensuring safety and comfort for our drivers," added Mohd Nazrul.

"Having built an unmatched track record as the largest transporter of crude palm oil in the country over the past few decades, these new trucks will support our growing business beyond the FGV group to external customers in sectors such as cold chain transportation, oil and gas, haulage and industrial segment moving forward," continued Mohd Nazrul.

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About FGV Transport Sdn Bhd

FGV Transport is a total logistics service provider catering to both domestic and international transportation and shipping requirements. Our experienced logistics professionals, with our own fleet, reliable agents and partners worldwide, are ever-ready to offer tailor-made transportation and logistics solutions for our customers. The company operates from various locations nationwide including all major Malaysian ports offering customers a variety of transportation and logistics services. It also has an office in Kuala Lumpur International Airport to handle airfreight shipments. Our large fleet of trucks of varying capacities from one-tonne to 50-tonne are equipped with advanced GPS tracking systems to ensure all products are carried safely to destinations.

About MAN Truck & Bus (M) Sdn Bhd

MAN Truck & Bus (M) Sdn Bhd (MAN Malaysia) is a wholly-owned subsidiary of MAN Truck & Bus SE, Germany, one of the leading manufacturers of commercial vehicles in Europe. Since the 1980s, MAN Trucks and Buses have been the preferred workhorses in key sectors of the Malaysian economy such as haulage and container, mining, construction and defense. Today, MAN Truck & Bus has evolved from a vehicle manufacturer to provider of intelligent and sustainable transport solutions, demonstrating technology leadership in key areas such as driver assistance systems, engine efficiency systems, digital connectivity and networking. For more information, please visit www.man.com.my.