Malaysia Marine and Heavy Engineering Holdings Berhad Stocks

Malaysia Marine and Heavy Engineering Holdings Berhad (MMHE) operates as an investment holding company that delivers extensive marine and heavy engineering solutions across Malaysia. These services are provided for a diverse array of offshore and onshore facilities, as well as various types of vessels. The company's operations are segmented into Heavy Engineering, Marine, and Plant Turnaround & Shutdown Maintenance. Through its Heavy Engineering division, MMHE specializes in fabricating offshore and onshore structures. This encompasses the construction of deepwater facilities, fixed platforms, process modules, wind farm components, and other related infrastructure. The Marine segment offers a comprehensive range of shipyard services for both merchant vessels and specialized floaters. For merchant vessels, including liquefied natural gas (LNG) carriers, very large crude carriers (VLCCs), product and chemical tankers, bulk carriers, container ships, and general cargo vessels, MMHE provides drydocking, repair, refurbishment, upgrading, afloat repair, conversion, modification, life extension, and retrofitting. Its expertise also extends to floaters such as floating production storage and offloading (FPSO), floating storage and offloading (FSO), floating storage regasification units (FSRU), floating storage units (FSU), and mobile offshore production units (MOPU). Additionally, MMHE conducts specialized remote maintenance for offshore LNG floaters, covering critical activities like cargo tank integrity testing, detailed inspections, and general upkeep. The company also undertakes complex projects including jumboisation, vessel modifications and lengthening, conversions, and repairs for jack-up and semi-submersible rigs. For the onshore oil and gas sector, MMHE provides mechanical maintenance services along with smaller-scale engineering, procurement, fabrication, and installation (EPFI) solutions. Headquartered in Kuala Lumpur, Malaysia, the company was founded in 1989. It operated as MSE Holdings Berhad before adopting its current name, Malaysia Marine and Heavy Engineering Holdings Berhad, in June 2010. MMHE functions as a subsidiary of MISC Berhad.