Beng Kuang Marine (BEZ) Stock Overview

Beng Kuang Marine Limited, an investment holding company, provides infrastructure engineering and corrosion prevention services in Singapore, Indonesia, Europe, and internationally. It operates through Infrastructure Engineering, Corrosion Prevention, Supply and Distribution, Shipping, and Others segments. The company also provides turnkey engineering services from planning, project management to implementation, which includes fabrication and corrosion prevention services for steel work structure, piping modules of oil rigs and jack–up rigs, and construction of new vessels. In addition, it offers corrosion prevention services including blasting and painting services for shipbuilding, and ship conversion and repair for marine, oil and gas and other industries; and supply and distributes hardware equipment, tools, and other products used in the marine, oil and gas, and construction industries. Further, the company provides shipping services comprising chartering of livestock carriers, and tugs and barges; and ship management services; and provision of technological solution for water and waste water treatment; solid waste management; and other areas on recovery of natural resources. It also offers offshore construction and asset integrity management, turnkey projects, sandwich plate system, project management, and supply of deck equipment, as well as rental of industrial equipment and machinery. Additionally, the company provides abrasive and non-abrasive blasting, paint application, shop blasting and painting, thermal spray coating, and personal protective equipment; and provides blasting, welding, and painting equipment and accessories, and other hardware products. It also offers freight transport and metallizing services; supply and distribution of beverage products; and builds and repairs ships, tankers, and other ocean-going vessels, as well as provision of internal tank coating services. The company was incorporated in 1994 and is based in Singapore.