MISC Integrated Annual Report 2020

///// Sustainability / Financial Review / Business Review / Leadership / Governance /// MISC Berhad / Integrated Annual Report 2020 7 160 MISC Berhad / Integrated Annual Report 2020 7 161 /// Governance / Leadership / Business Review / Financial Review / Sustainability ///// Section Section KEY HIGHLIGHTS FINANCIAL PERFORMANCE million million RM1,568 Revenue RM100 Operating Loss Launched the new in December 2020 Dry Dock No.3 of safe manhours Excellent HSSE culture with delivered and zero Loss Time Injury (LTI) 12.8 million Created by Oleksandr Panasovskyi from the Noun Project en bloc agreements Secured Marine Operations - 6 from Carigali-PTTEPI Operating Company Sdn. Bhd. (CPOC) Heavy Engineering - Awarded a ‘call-out’ contract MARINE & HEAVY ENGINEERING Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) is a globally trusted energy industry and marine solutions provider for a wide range of heavy engineering facilities and vessels. MHB has more than 40 years of track record of delivering integrated and complex solutions to international oil and gas clients. We are recognised for our global expertise in deepwater support services, offshore conversion services and LNG carrier (LNGC) repair and dry docking. MHB owns and operates a regional Centre of Excellence – a learning centre that produces technically expert workers for the industry. MHB also owns and operates one of the region’s largest marine and heavy engineering facilities and is the only yard in Malaysia that is capable of constructing complex deepwater offshore mega structures and possesses dry docking facilities. Backed by an exceptional track record, a highly-skilled workforce and world-class facilities, MHB is able to provide innovative solutions to meet the complex demands of the energy industry - safely, on time and within cost. Further details on Marine & Heavy Engineering https://www.misc.com.my/solutions/marine-and-heavy-engineering into offshore windfarm sector Continued expansion BUSINESS REVIEW