MISC Annual Report 2019

The Marine & Heavy Engineering segment operated by MHB is a globally-trusted energy industry and marine solutions provider offering a broad spectrum of engineering and construction services for offshore and onshore facilities, marine conversion, repair and refurbishment services. With a track record of over 40 years delivering integrated and complex solutions, including deepwater facilities to international oil and gas clients, MHB is well positioned along one of Southeast Asia’s busiest shipping lanes to provide innovative solutions that meet the intricate demands of the energy industry. MHB owns and operates one of the largest marine and heavy engineering facilities in the region as well as the only yard in Malaysia capable of constructing complex deepwater offshore mega structures and having dry docking facilities. KEY HIGHLIGHTS M A R I N E & H E A V Y E N G I N E E R I N G FINANCIAL PERFORMANCE RM1,010 million Revenue RM41 million Operating Loss Further details on Marine & Heavy Engineering https://www.misc.com.my/solutions/marine-and-heavy-engineering Two Goliath cranes with 600 tonne lifting capacity each Malaysia’s largest fabrication yard by area of 542,380 m 2 Capable of fabricating structures of up to 55,000 MT and annual fabrication capacity of 129,700 MT Dry dock facilities capable of handling vessels up to 450,000 dwt one of the largest in Southeast Asia Full range of EPCIC services for heavy engineering construction, comprehensive marine repair refurbishment, upgrading and life extension of vessels and rigs management discussion & analysis 109 108 OUR BUSINESS PERFORMANCE MISC BERHAD PEOPLE. PASSION. POSSIBILITIES ANNUAL REPORT 2019