![]() Datuk Dr. Wan Mohamed W.E. Chairman / Chief Executive Officer |
With the business activities growing at rapid rates, from a small concern into a medium-sized operation, some of the companies were restructured to include new strategic business partners to provide capital, widen networks, and ensure better management and controls. MPEM Sdn Bhd (MPEM) and MBM Resources Berhad (MBM) became the shareholders of the Group.
MPEM belongs to the family of the late Raja Tun Mohar bin Raja Badiozaman, while MBM is a company listed on the main Board of Kuala Lumpur Stock Exchange.
The Group's involvement in the automotive aftermarket business or commonly known as REM started in 2004. This is to capitalize on our local and global connections with the automotive parts manufacturers. This sub-sector offers significant growth potential in the Light Weight Vehicle (LMV) segment.
MOVING FORWARD
The journey of WSA and the business challenges are indeed humbling experiences. As the Chairman/CEO, I would like to thank MBM personally, in particular its Chairman Dato' Abdul Rahim Halim for his past support and confidence in the management without which, WSA will not be where it is today.
From the desk of
Chairman / Chief Executive Officer