Technical | Fundamental Analysis Discussion Stocks Listed In Bursa

Thursday, February 5, 2009


Wah Seong Corporation Berhad is an international oil & gas service group headquartered in Kuala Lumpur, Malaysia. It is listed on the Main Board of the Malaysian Stock Exchange (Bursa Malaysia) with a market capitalisation of more than RM1.5 billion.

The Group, which was originally founded in 1994, has grown from being a mid-sized Malaysian enterprise to a major Asian oil & gas group with the largest part of its revenue earned overseas.

Through its recent internal corporate restructuring, Wah Seong’s businesses have been organized into two main divisions. Under the new structure, Wasco Energy Limited was formed to represent the oil & gas division, which has four key business units:

• Specialized Pipe Coating and Corrosion Protection Services
• Pipe Manufacturing
• Process Equipment –Engineering and Fabrication
• E&P Products and Services

The non-oil & gas division which has been renamed as the Industrial Services Division has two main business units which are:

• Infrastructure / Building Materials
• Agro-based Engineering

With the continuous expansion of its business, Wah Seong ensures internationally recognized Quality, Health, Safety and Environment (QHSE) standards at each of its operations around the world. This is to guarantee that its community is safe on the job and its environment is protected.

Wah Seong currently has global presence and offers services and products across Asia Pacific, the Middle East, Africa and the Americas with facilities and companies in Malaysia, Singapore, Indonesia, Australia, China, India, U.A.E., Saudi Arabia, Nigeria and the U.S.A.

Wah Seong Corporation Berhad - The Global Commitment to Excellence.

Ticker from Waseong Official Website ==> Here

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