Malaysia Marine and Heavy Engineering Holdings Berhad (5186) Stock Overview

Malaysia Marine and Heavy Engineering Holdings Berhad, an investment holding company, provides marine and heavy engineering solutions for offshore and onshore facilities, and vessels in Malaysia. It operates through Heavy Engineering, Marine, and Plant Turnaround & Shutdown Maintenance segments. The company offers fabrication services for offshore and onshore facilities, which include deepwater facilities, fixed platforms, process modules, wind farms, and other services. It also provides drydocking repair, refurbishment and upgrading, afloat repair, conversion, modification, life extension, retrofitting, and other typical shipyard works for merchant vessels, such as liquefied natural gas carriers, very large crude carriers, products and chemical tankers, bulkers, container vessels, and general cargoes vessels, as well as floaters, including floating production storage and offloading, floating storage and offloading, floating storage regasification units, floating storage units, and mobile offshore production units. In addition, the company offers remote maintenance for liquefied natural gas floaters at offshore locations comprising cargo tank integrity tests, inspections, and maintenance; and jumboisation, modification and lengthening, conversion and jack-up/semi-submersible rigs repairs, and conversion solutions. Further, it provides range of mechanical maintenance and minor engineering, procurement, fabrication, and installation services for the onshore oil and gas industry. The company was formerly known as MSE Holdings Berhad and changed its name to Malaysia Marine and Heavy Engineering Holdings Berhad in June 2010. The company was incorporated in 1989 and is based in Kuala Lumpur, Malaysia. Malaysia Marine and Heavy Engineering Holdings Berhad is a subsidiary of MISC Berhad.