Flat Cargo Berhad was among the largest airfreight companies in Malaysia, maintenance several federal government linked businesses including Shipping Malaysia Berhad. FCB was obviously a public outlined Company functioning primarily since an atmosphere cargo jar. It was authorized as an investment holding organization with a number of subsidiaries with principal activities ranging from air flow freight providers and earth handling services. One of FCB's major shareholder in 97 had been Bangor Berhad, that was part of a diversified international family owned conglomerate, the Miri Group. In 2004, that they bought controlling interest of FCB through the founders, Lim Loon Sim and Ali Bin Ahmad. Both continue to be as Low Independent Professional Director. FCB actually started out operations in 1997 with just a couple of aircraft yet soon started to be the only dedicated Intra-Asian over night express shipment operator located in Malaysia and was the nation's leading air valuables carrier. This is due to fast growing Intra-Asian air express market. Actually FCB surely could promptly manage large deliveries to meet client demands due to the expansion in freighter fast size due to its Boeing 737s, 727s and MD11. In addition, it had access to an international freight complex covering up 24-hour custom made facilities with the Sultan Abdul Aziz Shah Airport. With an array of getting rights inside the Asia Pacific cycles Region which includes China, Japan, Taiwan and Korea, and also the ASEAN countries. FCB was at the ideal market position to supply express surroundings services to international integrators, freight forwarders and key airlines in the Asian Area. Due to this, these people were able to protected agreements with well established businesses such as Globally Express, Combined Parcel Solutions, Nationwide Express, Citylink, Bax Global and Nippon Communicate. Cargo Malaysia Services and Bangor Berhad, being FCB major investors, also used FCB's aur freight forwarding services.
SWOT ANALYSIS OF FCB
FCB's core competency is overall flexibility and speed. With the 24-hour custom...