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August 30, 2015 6:52 PM ET

Air Freight and Logistics

Company Overview of MASKARGO Sdn. Bhd.

Company Overview

MASKARGO Sdn. Bhd. operates as an air cargo transportation company. It offers express handling, cargo transhipment, ground handling, dangerous goods handling, shipping and packing guide, i-port, training, and charter services. The company also provides i-secure for vulnerable cargo requiring high security service from point of acceptance to point of delivery, as well as operates facilities, such as animal hotel, cargo centre, business centre, and perishable centre. It serves freight forwarders, shippers, and airlines. MASKARGO Sdn. Bhd. was formerly known as Malaysia Airlines Cargo Sdn. Bhd. and changed its name to MASKARGO Sdn. Bhd. in June 2011. The company was founded in 1972 and is headq...

1M, Zone C, Advanced Cargo Centre

KLIA Free Commercial Zone

Southern Support Zone

Kuala Lumpur International Airport

Sepang,  64000

Malaysia

Founded in 1972

Phone:

60 3 8777 1762

Fax:

60 3 8783 3078

Key Executives for MASKARGO Sdn. Bhd.

Chief Executive Officer and Managing Director
Age: 57
Director of Operations
Chief Information Officer and General Manager of Group IT
Managing Director of MASkargo, General Manager of Sales and General Manager of Business Development
Age: 52
Senior Vice President Global Sales & Government Affairs
Compensation as of Fiscal Year 2015.

MASKARGO Sdn. Bhd. Key Developments

Malaysia Airlines (MAS) to Discontinue Flights to Frankfurt

Malaysia Airlines (MAS) is withdrawing from Frankfurt in the course of a network rationalisation exercise and as part of the national carrier's recovery plan. It is suspending flight operations in Frankfurt. The last flight out will be on May 29, 2015. It also gave an assurance that customers holding tickets to and from the affected routes would be eligible for a refund.

Investors Reportedly Eye Malaysian Airline

Several local businessmen are said to have made an initial approach to take over Malaysian Airline System Bhd (KLSE:MAS), which is in the midst of revising its turnaround plan after it was derailed by the disappearance of flight MH370 on March 8, 2014. According to sources, the Ministry of Transport recently received an expression of interest from several businessmen. Talk is rife that they include tycoon Tan Sri Syed Mokhtar Al-Bukhary, Tan Sri Ahmad Johan, the Airod Sdn Bhd president, and Indonesian billionaire Peter Sondakh. However, it was not clear whether they are looking to buy the whole airline, certain business units of the airline or its aircraft. It was earlier reported that MAS may be considering spinning off its non-core business divisions such as Malaysian Aerospace Engineering Sdn Bhd. Apart from its maintenance, repair and overhaul (MRO) division, the national airline also operates MASKARGO Sdn. Bhd. Sources told The Edge Financial Daily on May 19, 2014 that it would make sense for Ahmad to buy MAS' MRO business unit as it would complement Airod's strength as a one-stop aircraft maintenance facility.

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