PDZ looks to diversify beyond boxes

Kuala Lumpur: Malaysian liner operator PDZ Holdings is actively looking to diversify earnings, with offshore viewed as the most likely avenue. The company, which has six boxships on its books and is controlled by tycoon Robert Tan, has just nixed plans to takeover domestic oil and gas services provider Efogen.

On PDZ’s site, the company noted that PDZ’s “major shareholder has reiterated that he will continue to explore new opportunities to expand the PDZ's Group core businesses”.

PDZ operates domestic Malaysian routes as well as having some business in Myanmar.  [18/02/14]

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