| Stock Name: | EATECH |
| Stock Code | 5259 |
| Listing | Main Market |
| Sector | Transportation & Logistics |
| Company Activities | The principal activities of the Company are ship owning and operator of marine vessels for the transportation and offshore storage of oil and gas, provider of port marine services and marine engineering services focusing on shipbuilding and ship repair activities. |
| Group Activities | The E.A. Technique Group is principally an owner and operator of marine vessels where its business is focused on marine transportation and offshore storage of Oil and Gas (O&G), and provision of port marine services. Generally, the Group’s business activities are segmented into the following: (a) Marine Transportation and Offshore Storage of O&G - The Group is involved in the charter of various types of tankers for the transportation and offshore storage of O&G, charter of marine support vessels for the provision of port marine services and charter of Offshore Support Vessels (OSV) in the form of fast crew boats to transport personnel/light cargoes between shore and platform, platform and platform and other offshore facilities. As at 31 December 2020, the Group operates a total fleet of 44 marine vessels in their portfolio, which comprises 8 Oil & Gas tankers (inclusive of 2 Floating Storage & Offloading Unit (“FSU/FSO”) and 2 tankers under construction, 10 OSVs and 24 marine support vessels. Of the total 44 marine vessels that they operate, the Group owns 42 of these marine support vessels. The remaining 2 marine vessels are chartered from external parties. (b) Provision of Port Marine Services - The Group is also engaged in the provision of port marine services for petrochemical and bulk and containerised ports in Malaysia. The types of port marine services that the Group provides at the ports include, among others, towage services comprising towing, pushing, or manoeuvring vessels; and mooring services involves securing a marine vessel to specially constructed fixtures such as piers, quays, wharfs, jetties, anchor buoys and mooring buoys. The Group also provides dockside mooring services where it has mooring personnel to secure vessels to floating structures and fixtures at the wharf. (c) Marine Engineering Services - The Group’s marine engineering services is more focused to the shipbuilding and ship repair activities. The Group’s shipbuilding and ship repair activities serve as an internal supporting arm to marine vessels. The Group also undertakes minor fabrication of steel structures in its shipyard. The steel structures that it fabricates are mainly for marine vessels, for example helipad, flare stack, skids and piping systems. All these shipbuilding, ship repair and minor fabrications activities are undertaken by its subsidiary, namely Johor Shipyard and Engineering Sdn. Bhd., which is operating on a 20 acres land in Perak. |
| Principal Products/Services | Marine transportation and offshore storage of O&G – Provision of port marine services – Marine engineering solutions, and shipbuilding and ship repair |
| Board of Directors | DATO’ MOHD REDZA SHAH ABDUL WAHID Independent Non-Executive Chairman DATUK MOHD NASIR ALI Independent Non-Executive Director ABDUL AZMIN ABDUL HALIM Independent Non-Executive Director AZIAH AHMAD Non-Independent Non-Executive Director ROZAN MOHD SA’AT Independent Non-Executive Director IR. DR MOHD SHAHREEN ZAINOOREEN MADROS Independent Non-Executive Director ABDUL RAHIM OMAR Non-Independent Non-Executive Director |
| Company Secretaries | NURALIZA A. RAHMAN (MAICSA 7067934) SABARUDIN HARUN (MIA 30423) Telephone : 607-219 2692 Facsimile : 607-223 3175 Email : [email protected] [email protected] |
| Registered Office | Level 16, Menara KOMTAR Johor Bahru City Centre 80000 Johor Bahru, Johor Telephone : 607-219 5064 Facsimile : 607-223 3175 |
| Business Address | Setiawangsa Business Suites Unit C-3A-3A No. 2 Jalan Setiawangsa 11 Taman Setiawangsa 54200 Kuala Lumpur, Malaysia Telephone : 603-4252 5422 Facsimile : 603-4252 2163 |
| Share Registrar | Johor Corporation Level 16, Menara KOMTAR Johor Bahru City Centre 80000 Johor Bahru, Johor Telephone : 607-219 5075 Facsimile : 607-221 0026 |
| Auditors | Ernst & Young AF: 0039 Chartered Accountants Level 23A, Menara Millennium Jalan Damanlela Pusat Bandar Damansara 50490 Kuala Lumpur, Malaysia Telephone : 603-7495 8000 Facsimile : 603-2095 5332 website : www.ey.com |
| Bankers | RHB Bank Berhad Malayan Banking Berhad Bank Pembangunan Malaysia Berhad AmBank (M) Berhad Affin Bank Berhad Malaysian Industrial Development Finance Berhad |
| Website | www.eatechnique.com.my |
