With an established position and track record in Singapore’s logistics sector via its subsidiary Richland Logistics, Eneco Energy’s new executive director Ang Jun Long plans to boost operations to beat the pack and harness acquisitions for growth. Under the leadership of new executive director Ang Jun Long, Eneco has big moves planned for a future that aligns with its core competencies. “The goal is to have a diversified portfolio of profitable, cash flow-generative businesses that we can optimise and improve to create new value for shareholders,” he shares. To enhance the competitive strengths of its logistic business unit, RichLand Logistics Services, the Group is looking to acquire its own warehouse to have greater control in costs and undertake longer-term customer contracts, enhance the utilisation rate of its fleet of about 150 vehicles via leasing to earn recurring income and reduce costs, as well as expand its value chain in the logistics business to complement its edge as an airport cargo specialist....