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Tas Offshore Berhad (Malaysia)

Main Activities: Management of Companies and Enterprises | Repair and Maintenance
Full name: Tas Offshore Berhad Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Tas Offshore Berhad (TAS) engages in shipbuilding and the provision of ship repair services. In 2008, the company acquires the entire issued and paid-up share capital of Toung Aik Shipyard Sendirian Berhad, which is involved in the shipbuilding and ship repairing. Our history can be traced back to 1977 with the incorporation of Tuong Aik (Sarawak) Sendirian Berhad (TASSB). TASSB was initially a supplier of marine coatings and a provider of shipping services before diversifying into shipbuilding and ship repairing in 1991. In 2002, TAS was incorporated to undertake shipbuilding and ship repairing activities. TAS initially started with ship repairing activities before the shipbuilding and ship repairing operations of TASSB were transferred to TAS in 2004. Datuk Lau Nai Hoh is the Managing Director and founder of our Group. Since the commencement of the shipbuilding operations of TASSB in the early 1990s, Datuk Lau Nai Hoh has been instrumental in the growth and development of our Group. With approximately 17 years of experience in the Shipbuilding Industry, Datuk Lau Nai Hoh has successfully led the Group to become a reputable player in the industry. In 2004, TAS acquired its current shipbuilding yard covering 12.3 acres in Sungai Bidut in Sibu, Sarawak. The yard provides us with the capacity to construct an average of 23 units of vessels per year (actual number will depend on the types of vessel constructed) based on an eight (8)-hour shift. We have the capabilities to construct a range of vessels including Tugboats, Anchor Handling Vessels, landing craft, barges, ferries, workboats, utility/ support vessels and offshore supply vessels.Our achievements have been recognised by external bodies whereby in 2006, TAS was awarded (2nd Position out of the Top 10 Golden Bull Award 2006) organised by Nanyang Siang Pau, Malaysian Chinese language daily newspaper.As part of our emphasis on quality, TAS received ISO 9001:2000 certification on 23 August 2007 issued by Bureau Veritas Certification Malaysia. As at 19 June 2009, TAS Offshore primarily constructed Tugboats, Anchor Handling Tugs, and Anchor Handling Tug Supply Vessels. The company was incorporated in 2008 and is based in Kuala Lumpur.

Headquarters
Lot 199, Jalan Sg Ma Aw, Sg Bidut, Sibu
Sibu; Sarawak; Postal Code: 96000

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Website: http://www.tasoffshore.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
March 18, 2008
Key Executives
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Chairman
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Managing Director
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Vice Managing Director
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Director/Member of the Board
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Secretary
Ownership Details
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51.88%
Subsidiaries
Western Realty Sdn. Bhd.
100%
Company Performance
Financial values in the chart are available after Tas Offshore Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
170.45%
Total operating revenue
158.14%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
33.62%
Total equity
8.1%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
2.1%
Quick Ratio
-0.92%
Cash Ratio
-0.87%

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