MGS GROUP GETS THE HONOUR OF BEING THE 1,000TH FINANCIAL SERVICES CONTRACT SIGNED FOR SCANIA CREDIT MALAYSIA
Senai, Johor, 15 December – MGS Group of Companies (MGS) gets the honour of being the milestone 1,000th Financial Services contract signed with Scania Credit Malaysia (SCMY) at Scania Malaysia Senai Sales and Services Centre today. Anson Phua, Country Manager of SCMY and Teh Chin Hua, Group Director of MGS exchanged the signed documents in a ceremony that was witnessed by Teh Boon Huei, Tay Wei Kian, Tay Tang Hock and Jordon Tay Jie Min, all Directors of MGS. In conjunction of the signing ceremony, a delivery of six Scania prime movers from an order of 15 units of G410A6x2NZ were also held with Heba El Tarifi, Managing Director, Scania Southeast Asia handing over the key to Teh Chin Hua, Group Director of MGS. MGS will continue to enjoy the best reliability, fuel-efficiency, reduced CO2 emission, increased frequency of payload and uptime.
SCMY offers a range of flexible and comprehensive financial solutions that offer MGS predictable costs and manageable risks over the entire life
cycle of their vehicles. SCMY also provide attractive hire purchase financing packages for five years to MGS as its qualified for acquisition of all its Scania trucks. MGS has ownership without heavy capital outlay. With payment of a flexible deposit, MGS will then commit to a fixed monthly payment over a period of five years. The prime movers will appear as assets on MGS’ balance sheet and will take full ownership once all scheduled payments have been made. Additionally, MGS have the option to go for insurance coverage as well.
The R&M contract subscription will give MGS worry-free operation due to predictable costs for five years. MGS will be able to focus on its business with planned downtime giving maximum uptime due to precise scheduling for repairs and maintenance, eliminating disruptions for worry-free daily operations. The Scania G410 is also designed and engineered to give MGS better fuel efficiency, thus lowering CO2 emissions as it is equipped with advanced powertrain and aerodynamic solutions that gives 3% improved fuel economy. The pre-set Economy Mode default, in the Scania G410 that comes with Opticruise, saves even more fuel. Data from the Fleet Management System Control 10 will ensure improved driving skills through tracked reports of the drivers which will also contribute to further fuel savings. As for safety, the Electronic Braking System (EBS), Anti-lock Braking System (ABS) with traction control, hill hold for steep road stoppages, and the large windscreen for better angled visibilities make the G410 one of the best in the market. Finally, the ergonomic dashboard and the sleeper cabin spoils the drivers silly making driving and resting a real joy.
“We have been a customer of Scania for a very long time and SCMY has been supporting us since January 2014 when we signed-up for our first hire purchase agreement. We have benefitted from the flexible deposit and fixed repayment programme giving us accurate budgeting. The financed vehicles show as an asset in our balance sheet; interest charges are allowable against tax. Through the custom-built financial plans that SCMY have devised for us, we are able to focus on running the business with peace-of-mind due to predictability of costs. This is one of the main reasons why we continue to invest in the Scania trucks” said Teh Chin Hua.
Established in 1987, with more than 30 years of experience and expertise in the logistic and freight services, MGS Group is committed to provide services that exceeds clients’ expectation by providing quality one-stop solutions that serve its clients’ transportation and shipping needs from more than 100 different industries. MGS Group and its seven subsidiary companies operate primarily in six different locations throughout Peninsular of Malaysia and Singapore with its headquarters based in Muar, Johor. MGS is a one-stop logistic solutions covering broad range of services from freight transportation, shipping, supply chain management, custom clearance to warehousing and distribution. MGS provide comprehensive logistic services across the whole of Malaysia and worldwide, fulfilled by its owned in-house network and collaborative transportation with its international and local partners.
“We truly appreciate MGS for having faith in our financial proposal and understand the need for SCMY support in MGS’ expansion plans. We give our assurance that we are always ready to back MGS with SCMY’s customise proposal that will secure sustainability and profitability for its business,” stated Anson.
MGS Group of Companies (MGS) gets the honour of being the milestone 1,000th Financial Services contract signed with Scania Credit Malaysia (SCMY) at Scania Malaysia Senai Sales and Services Centre.
Seen here is Anson Phua, Country Manager of SCMY (right) and Teh Chin Hua, Group Director of MGS signing the 1000th Financial Services Agreement.
SCMY offers a range of flexible and comprehensive financial solutions that offer MGS predictable costs and manageable risks over the entire life cycle of their vehicles. SCMY also provide attractive hire purchase financing packages for five years to MGS as its qualified for acquisition of all its Scania trucks.
Seen here are Anson Phua (right), Country Manager of SCMY and Teh Chin Hua, Group Director of MGS exchanging the signed documents in a ceremony that was held at the Scania Malaysia Senai Sales and Services Centre.
In conjunction of the signing ceremony, a delivery of six Scania prime movers from an order of 15 units of G410A6x2NZ were also held with Heba El Tarifi (fourth from left), Managing Director, Scania Southeast Asia handing over the key to Teh Chin Hua (fifth from right), Group Director of MGS. MGS will continue to enjoy the best reliability, fuel-efficiency, reduced CO2 emission, increased frequency of payload and uptime.
The handover was witnessed by Tay Jie Min (fourth from right), Teh Boon Huei (third from right), Tay Wei Kian (second from right), Tay Tang Hock (far right) - all Directors of MGS, and Daniel Tan (far left) - Solution Sales Director, Erin Wong – Solution Sales Executive, Yee Fong (third from left) – Region Manager – Region Central, all from Scania Southeast Asia and Anson Phua (fifth from left) – Country Manager of Scania Credit Malaysia.
The Scania G410 is also designed and engineered to give MGS better fuel efficiency, thus lowering CO2 emissions as it is equipped with advanced powertrain and aerodynamic solutions that gives 3% improved fuel economy. The pre-set Economy Mode default, in the Scania G410 that comes with Opticruise, saves even more fuel.
Seen here is Heba El Tarifi (second from right) – Managing Director, Scania Southeast Asia, briefing to Teh Chin Hua (third from left) and all Directors of MGS Group, the design of the Scania G410 that contributes to fuel savings for MGS.
Seen here is Heba El Tarifi, Managing Director, Scania Southeast Asia briefing Tay Wei Kian, Director of MGS Group the safety and comfort that MGS’ drivers will experience in the cabin via the adjustable seat that is close to the door enabling easy access while the ergonomic dashboard, 7-inch touch screen monitor gives ease of operation, additional overhead storage, and a sleeper in the cabin for resting between hauls making the XT a home away from home.
Data from the Fleet Management System Control 10 will ensure improved driving skills through tracked reports of the drivers which will also contribute to further fuel savings. As for safety, the Electronic Braking System (EBS), Anti-lock Braking System (ABS) with traction control, hill hold for steep road stoppages, and the large windscreen for better angled visibilities make the G410 one of the best in the market.
“We have been a customer of Scania for a very long time and SCMY has been supporting us since January 2014 when we signed-up for our first hire purchase agreement. We have benefitted from the flexible deposit and fixed repayment programme giving us accurate budgeting. The financed vehicles show as an asset in our balance sheet; interest charges are allowable against tax. Through the custom-built financial plans that SCMY have devised for us, we are able to focus on running the business with peace-of-mind due to predictability of costs. This is one of the main reasons why we continue to invest in the Scania trucks” said Teh Chin Hua.