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Sunday, February 15, 2009

Scomi Group Berhad (7158)







Company Profile


Scomi Group Bhd, a global service provider mainly in the oil and gas industry, is a company listed on the Main Board of Bursa Malaysia. Achieving turnover of RM1.58 billion or USD447 million in 2006; Scomi employs over 4,800 employees at 65 locations in 36 countries.

Scomi was listed on 13 May 2003 on the Second Board of Bursa Malaysia. It was transferred to the Main Board just a year later on 13 May 2004. As at 10 September 2007, Scomi has a total of 1.018 billion shares of RM0.10 each with an authorised share capital of RM300 million and paid up share capital of RM101.8 million.

Other public listed companies within Scomi Group are Scomi Engineering Bhd and Scomi Marine Bhd which are listed on Bursa Malaysia, and PT Rig Tenders which is listed on Jakarta Stock Exchange.

Scomi’s ability to harness the synergies between its varied businesses has seen it transform itself to become an integrated solutions provider in niche markets. Scomi’s subsidiary and associate companies are involved in the following wide range of activities worldwide:

Oilfield Services, which comprises integrated drilling fluids and drilling waste management solutions; OCTG machine shops and distribution of oilfield products and services.

Energy & Logistics Engineering, which comprises OCTG machine shops, and transportation engineering such as monorail, busses, and special purpose vehicles; i.e. patrol tankers, refuse compactors, vacuum tankers, airport ground support vehicles etc.

Energy Logistics, which provides marine vessels for the coal and oil and gas industry.
Production Enhancement, which comprises industrial and production chemicals division; and gas business, which mainly provides gas processing equipment.
More on Scomi ===> Scomi Group Berhad
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