Description: Shin Yang Shipping Corporation Berhad, an investment holding company, provides shipping services in Malaysia. The company transports loose bulk and container cargoes, such as timber logs, sawn timber, plywood, quarry, cement, glue, lubricants, project cargoes, car containers, timber products, light equipment, heavy machinery, vehicles, metal plates, steel products, flour, spare parts, and other cargoes; and general cargoes, including machineries, timber and steel products, and other cargoes. It manages and operates tug boats, barges, container vessels, crew boats, oil tankers, landing crafts, and cargo vessels. The company operates a fleet of 295 vessels with a total gross registered tonnage of approximately 464,251 tonnages. It also constructs and fabricates approximately 199 vessels, which include motor launch, dump barges, hopper barges, coastal and deep sea tugboats, landing crafts, container vessels, and oil tankers. In addition, the company offers ship repair and maintenance services comprising replacement of corroded or faulty structures and parts, and piping systems; altering and modifying parts, structures, and fittings; removal and installation of parts and equipment; cleaning, sandblasting, painting, and coating; and replacement of propeller and repainting underwater portion of the hull, as well as provides ship conversion, ship engineering, and shipping and forwarding agency services. Further, it fabricates steel structures for parts of metal bridges; steel structures and frames for factories and warehouses; steel structures and parts for jetties; metal buoy for offshore oil and gas industry; and helideck built on top of vessels. Additionally, it carries out shipping business in the United Arab Emirates and international routes to Japan, Korea, China, the Philippines, and ASEAN region. The company is based in Miri, Malaysia. Shin Yang Shipping Corporation Berhad is a subsidiary of Shin Yang Holding Sendirian Berhad.
Exchange: KLSE
Country: MY
Currency: Malaysian Ringgit (RM)
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 744.9999 |
| Price-to-Book MRQ: | 0.778 |
| Price-to-Sales TTM: | 1.0166 |
| IPO Date: | |
| Fiscal Year End: | June |
| Full Time Employees: | 0 |