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Weststar soars with developments of the future

Diversification has driven Malaysia to unprecedented growth rates in the past few years. From commodities to non-commodities and from raw commodities to processed goods, the economy has diversified horizontally and vertically. Non-resource sectors were particularly strengthened by welcoming foreign investments and talents, while new, hi-tech manufacturing plants have been established to complement infrastructure for traditional industries such as oil and gas.

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Syed Azman Syed Ibrahim, Founder and group managing director

Diversification has driven Malaysia to unprecedented growth rates in the past few years. From commodities to non-commodities and from raw commodities to processed goods, the economy has diversified horizontally and vertically. Non-resource sectors were particularly strengthened by welcoming foreign investments and talents, while new, hi-tech manufacturing plants have been established to complement infrastructure for traditional industries such as oil and gas.

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Apart from raising the nation's chances against volatile market conditions and currency exchange rate fluctuations, the increased diversity also boosted the competitiveness of Malaysia's goods and currency exchange rates.

Mirroring the robust economic atmosphere in Malaysia are the country's key industry players - but few reflect such dynamism better than homegrown conglomerate Weststar Group of Companies.

On land, in the air, on the vanguard of defence and at the forefront of the construction industry, Weststar has grown alongside Malaysia over the past 10 years to become among the nation's most valued revenue generators.

Equipped with its own diversification strategy, Weststar quickly grew from a single company to a family of niche product and service providers - thanks to the strong vision of founder and group managing director Syed Azman Syed Ibrahim.

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"I saw the opportunity in catering to a high-potential market that had yet to be served by a reliable and accessible supplier. That was the luxury vehicle market 10 years ago; today it is aviation, defence and commercial vehicles," Syed Azman says. "These are the businesses of the future, which I have come to learn to be the best investments forward-looking entrepreneurs can make."

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