Silk Holdings Berhad (5078) Stock Overview

Marine & General Berhad, an investment holding company, provides offshore marine support services for the upstream and downstream oil and gas industry in Malaysia and Singapore. It operates in two segments, Marine Logistics – Upstream and Marine Logistics - Downstream. The company operates a fleet of 22 vessels, including 20 anchor handling tug supply vessels and 2 straight supply vessels. It also offers downstream marine logistics services through four 7,000 DWT chemical vessels; and four clean petroleum product tankers with capacity ranging from 8,000 DWT to 11,000 DWT serving major Oil and Gas companies, as well as large trading houses in the East Asian and South East Asian regions. The company was formerly known as SILK Holdings Berhad and changed its name to Marine & General Berhad in June 2017. Marine & General Berhad was incorporated in 1996 and is based in Kuala Lumpur, Malaysia.