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Hager Group's New Setup in Southeast Asia to Drive Growth and Appoints Joyce Yee as Regional Managing Director

Business

Hager Group's New Setup in Southeast Asia to Drive Growth and Appoints Joyce Yee as Regional Managing Director
Business

Business

Hager Group's New Setup in Southeast Asia to Drive Growth and Appoints Joyce Yee as Regional Managing Director

2024-10-01 09:00 Last Updated At:09:15

KUALA LUMPUR, Malaysia, Oct. 1, 2024 /PRNewswire/ -- Hager Group, an independent family-owned company that manufactures and provides safe and simple products, solutions, software, and services for electrical installations in residential, commercial, and industrial buildings, is pleased to announce the appointment of Joyce Yee as the ASEAN Regional Managing Director, effective October 1, 2024.

As Hager Group expands globally, the Southeast Asia region plays a crucial role in its growth strategy, demonstrating both dynamism and attractiveness. Now part of the International Sales (ISA), Hager ASEAN is building on a decade of solid revenue and market share growth across Malaysia, Singapore, Indonesia, and export markets.

"With Joyce's leadership and the dedication of the Hager ASEAN team, we are confident in achieving our Group's strategic goals and in the ASEAN region's tangible contribution to this success. This collaboration will further strengthen Hager's presence in the region, delivering innovative solutions that meet the evolving needs of our customers while keeping our employees at the center," said Johannes Thomé, VP of Hager International Sales (ISA).

This new structure underscores Hager Group's commitment to developing leadership talent and supporting key market strategies. With over 25 years of industry experience and a proven track record of driving sales growth in Malaysia, Yee and her teams aim to double its revenue of €34 million within the next 3-5 years, reflecting its confidence in the region's growth potential.

"I am honored to take on this expanded role and continue contributing to Hager Group's success in Southeast Asia. We aim to build on the strong foundation we have established, delivering sustainable growth while maintaining our focus on our talents, innovation, and customer satisfaction. I look forward to working with our talented team to drive Hager Group's business forward in the coming years," said Joyce Yee, Regional Managing Director, Hager ASEAN.

Hager's growth plan in Southeast Asia focuses on three key strategies:

"Southeast Asia is one of the fastest-growing regions globally, and we are proud to contribute to its future with our world-class electrical solutions. With the new Hager ASEAN structure, we are better positioned to serve our customers and build stronger relationships with key industry players," Yee added.

These business ambitions align with the Group's sustainability agenda, which Yee and her teams are committed to advancing under the Blue Planet Commitment. In April this year, Hager Group obtained the Gold certification from ECOVADIS, recognizing the Group's global sustainability efforts.

For the latest updates on Hager ASEAN, connect with us on LinkedIn: Hager ASEAN.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Hager Group's New Setup in Southeast Asia to Drive Growth and Appoints Joyce Yee as Regional Managing Director

Hager Group's New Setup in Southeast Asia to Drive Growth and Appoints Joyce Yee as Regional Managing Director

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Otis Australia Wins Modernization Project at 101 Collins Street

2024-10-01 09:00 Last Updated At:09:15

MELBOURNE, Australia, Oct. 1, 2024 /PRNewswire/ -- Otis Australia has been selected by 101 Collins Street for an elevator modernization project at this iconic landmark in Melbourne's central business district. Otis Australia is part of Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, and service company.

Otis will modernize 30 units, utilizing its most advanced Skyrise® MOD solution for high-rise elevators, in addition to its Gen3TM MOD technology and energy-conserving ReGenâ„¢ drive, which converts energy captured during braking back into electricity and reduces annual energy consumption. In addition, Otis will service the elevators for the 48-storey office building through 2031.

The installation of the Otis ONEâ„¢ IoT solution to support service will enable proactive communication by monitoring equipment health and performance of the elevators 24/7 in real-time. The information is immediately available to the building's management team and service technicians via portals and apps to provide visibility to their elevator portfolios and manage performance more efficiently.

"Otis has been a direct presence in Australia since 1920, playing a pivotal role in transforming cities and states through urbanization and infrastructure renewal with our vertical transportation solutions," said Otis Australasia Managing Director, Pedro Marcal. "We are proud to have installed the existing elevators at 101 Collins Street in 1989 and maintained them for the past 35 years. With this modernization project, the building will be upgraded with our most advanced elevator and digital solutions, delivering safe, connected and more efficient passenger transport for decades to come."

In 2023, the elevators at 101 Collins Street were upgraded with Otis' advanced Compass® 360 intelligent dispatching technology. The Compass® 360 dispatching technology analyses where passengers are going before they board the elevator, grouping passengers by destination to get them there faster and with fewer stops – as much as 50% faster during peak travel periods.

The 101 Collins Street team will benefit from Otis' vast experience modernizing many other iconic projects worldwide.  Visit our Global Projects pages to find out more about proven Otis expertise in solving customer challenges and enhancing passenger experiences.

To learn more about Otis products and services, visit www.otis.com.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Otis Australia Wins Modernization Project at 101 Collins Street

Otis Australia Wins Modernization Project at 101 Collins Street

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