It was imperative for Goodrich to have a truly representative, wholly-owned subsidiary in South East Asia. Keeping this in mind and the strategic importance of Singapore, Goodrich Asia Pacific Pte Ltd. was incorporated in 2014. GAP is making rapid progress as an agency company in Singapore, involved in promoting all types of container equipment. GAP Singapore is also an active ocean and air freight forwarder. The company has now set up its own wholly-owned subsidiary in Malaysia – Goodrich Asia Pacific Sdn Bhd. The Goodrich management expects GAP Singapore to be a focal point for creating a sizable presence for the Group, not only in South East Asia, but China, Korea and other Far East countries. The company is expected to perceptibly augment the revenues and asset value of the Group.