FUEL DISPENSER & SPARE PARTS
Fuel dispenser are used in petroleum-retail service stations for filling lightweight oil including gasoline or diesel etc. We have taken up the production of fuel dispenser since1992. Among our gigantic business portfolio, oil transfer pumps were first put on our agenda and then mechanical fuel dispensers, electronic fuel dispenser in subsequence.
Our fuel dispensers have 3 series, namely, C series, D series and S series. All of the series share the same electronic system, which consists of flow meter, combination pump, auto nozzle etc. But C series is little in size and has a general outline with hoses from the middle. And D series contains jambs with stainless steel and hoses from the top. Then S series have a novel streamline outline and hoses from the top, which is bigger in size in comparison with the other ones.
we are committed to create the best workplace, encourage our staffs to put their own personalities into their jobs, and provide them a stage to show themselves.
e to spinning it off; but since the company s ginseng monopoly was abolished in 1997,
they believe more work needs to be done to make the unit competitive enough to face new entrants. As for the
property holdings, much is in the form of farmland. At a time when the government is trying to curb rampant
property speculation, the odds of getting the land quickly rezoned for more profitable uses is not high.
The di fuel dispenser fferences, then, are as much about timing as substance. KT&G is no typical Korean company, dominated by
family insiders. Some three-fifths of all shareholders are foreigners. The group s corporate governance has won
plaudits—the board, for instance, is well stocked with independent directors. And its management strategy finds
defenders among foreign shareholders. After all, KT&G fuel dispenser s share price has risen by two-thirds over the past year.
The dividend yield, at 3.3%, may not be as high as at Reynolds American, that country s second biggest cigarette-
maker, but is still much higher than at regional rivals—the shares of Japan Tobacco, for instance, yield a mere
0.8%.
It is hard to gauge the level of support for a hostile bid from other foreign shareholders. KT&G s largest investor,
Franklin Mutual Advi fuel dispenser sers and its affiliate, Templeton Asset Management, have yet to declare their hand. But then,
not everyone thinks the raiders are serious about bidding for control. There is no indication that an alternative
management is being lined up. And while the raiders say that they have a $2 billion war chest, where the rest of
the money is to come from is far from clear. Takeover rules certainly suit raiders, for there is no shareholding
threshold beyond which an investor must bid for the majority of a South Korean company s shares.
On March 17th three of the raiders candidates, including Mr Lichtenstein himself, are standing for election as
outside di
