KUALA LUMPUR: Prestar Resources Bhd via its subsidiary Prestar Storage System Sdn Bhd (PSSSB) is extending its collaboration with Murata Machinery Ltd (Japan) for the supply of automated storage and retrieval system (ASRS) racking system.
Prestar group managing director Datuk Toh Yew Peng said the extended collaboration will provide PSSSB with a growth opportunity to participate in the supply of ASRS' racking system to various Murata subsidiaries and markets.
"This extended collaboration is expected to give PSSSB the instant accessibility for supplying ASRS racking system to e-commerce, pharmaceutical, omnichannel distributions, high throughput industries such as fast-moving consumer goods in the global market," he said in a statement today.
PSSSB is engaged in the business of providing storage solutions, installing all kinds of material handling equipment and manufacturing of racking and shelving system products under the brand name MYSTAR.
PSSSB recently entered into a supplemental manufacturing partnership agreement with Murata's logistic and automation division to include additional nine subsidiaries of Murata from various regions and countries.
These countries that were included in the manufacturing partnership agreement are the US, China Europe, India, Thailand, Singapore, Vietnam, Taiwan and Hong Kong.
"With the supplemental manufacturing partnership agreement, PSSSB in total will be covering ten regions including the main partnership located in Japan," it said.
To recap, PSSSB had in June 2020 also entered into a manufacturing partnership agreement with Murata's logistic and automation division to supply ASRS racking system for Murata's global market including the US, Japan, China and Asean countries.