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WaveMaster Aims To Build New Yachts To Expand Business
Wave Master Langkawi Yacht Centre (WMLYC), a local company which started off in ship-repairing, servicing and refitting here three years ago, has set its sights on building new luxury yachts, says a company official.
"We are now discussing with a few interested parties to build super yachts for them," said Yii Chu Lik, the company's senior manager (sales and commercial).
WMLYC is one of the exhibitors at the three-day Global 2004 Langkawi International Dialogue business, investment and trade exhibition at the Berjaya Langkawi Beach & Spa Resort which opens Thursday.
Yii said the company aimed to move up the value chain by building new vessels after having built up its repairing and servicing expertise over the years. For instance, it has been annually servicing more than 30 ferry boats that ply between Langkawi and Penang and Phuket.
Yii said Langkawi, with its duty-free status, had aided in WMLYC's development, both in terms of cheaper imported materials and the increasing flow of yachters to this resort island in view of its excellent berthing facilities.
Langkawi 29/07/2004
