Obviously ... but NMEL brought in South Koreans into the partnership.NGV Tech has partnered Naval Marine Engineering & Logistics Sdn Bhd (NMEL), which lists the crown prince of Pahang Tengku Abdullah Sultan Ahmad Shah as a major shareholder.“NGV Tech is back with a stronger shareholder set, which includes the royal family of Pahang. With the new shareholders, NGV Tech, through NMEL, will be a strong contender for the contract to supply the corvettes to the RMN,” says an industry observer.
According to a Yonhap News Agency report on Nov 24, 2014, South Korea’s Daewoo Shipbuilding & Marine Engineering Co (DSME) has an order from the RMN for six corvettes to be deployed from 2018.
Three of the patrol vessels will be built in South Korea, while the other three will be assembled here, in a partnership with NMEL, which is the local agent for DSME.
NMEL is 35%-owned by Gading Sari Holdings Sdn Bhd, which is majority-owned by Tengku Abdullah. Other shareholders of NMEL include Mohammad Hafiz Abu Bakar (35%) and Datuk Mohamed Moiz Ali Moiz (30%), through Flagship Logistics & Engineering Sdn Bhd.
The only name similar to the 35% shareholder of NMEL found on Google are University lecturers. Its a work in progress. Steadyaku mentioned here that one 35% owner of NGV Tech (not NMEL) is Agong's or Gading Sari.
The Edge report stated that
NMEL states on its website that it is in partnership with NGV Tech, which is the main contractor. NGV Tech will provide facility management — the infrastructure and immovable facilities for shipbuilding, ship repair and maintenance activities at its planned shipyard in Tanjung Agas, Pekan, Pahang.
Gading Sari Aviation Services Sdn Bad also had a contract with Pos Malaysia which was terminated on 31 March 2008 but, Pos Malaysia received instructions from the Deputy Prime Minister’s office (then Najib Razak aka Kepit Man) to reinstate the contract. Why ah?