Alpha Ocean Resources Bhd.
MMYX:AORB3.10
MYR
0.00
(0.00%)
ISIN
MYL03051O009
Return %
Stock
S&P 500
1Y
-5.20
14.20
3Y
-4.02
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
FRC
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Sylvester Pua
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Dec 8, 2021
- Website
- aorb.com.my
- Similar Companies
- Business
- Alpha Ocean Resources Berhad, an investment holding company, engages in commercial deep-sea fishing, fish processing, and the international trading and distribution of tuna and other oceanic marine products. The company operates primarily through its commercial fishing, seafood processing, and trading segments. Its core product offerings and services include fresh, frozen, and ultra-low temperature super-frozen tuna species comprising yellowfin tuna, bigeye tuna, albacore tuna, bluefin tuna, and skipjack tuna; non-tuna deep-sea and pelagic fish species including swordfish, sailfish, marlin, and mahi-mahi; processed seafood products featuring tuna loins, steaks, saku blocks, fillets, and customized cuts; seafood preservation, ultra-low temperature cold chain warehousing, and inventory management services; and commercial fishing fleet operations, vessel chartering, and marine technical support. Alpha Ocean Resources Berhad distributes its harvest and processed seafood products to food processors, canning factories, seafood wholesalers, catering services, and retail distributors across international and regional markets, with key operations spanning Malaysia, Seychelles, and Vietnam. The company conducts its principal business activities through wholly owned subsidiaries, including Asia Tank Tuna Sdn. Bhd., Asia Ocean Resources Sdn. Bhd., Asia Tank Marine Sdn. Bhd., and ATI International Ltd. In recent corporate developments, the group has pursued strategic infrastructure and operational expansions across Malaysia: it signed a memorandum of agreement with Penang Port Sdn Bhd to develop, operate, and manage an integrated tuna landing, processing, and cold storage logistics hub at the Port of Penang; entered into a memorandum of agreement to invest RM360 million into upgrading and developing an EU-standard deep-sea fishing port and maritime hub in Kota Kinabalu, Sabah; entered into a strategic collaboration with Menteri Besar Selangor (Pemerbadanan) to establish a tuna and deep-sea fish processing facility in Sabak Bernam, Selangor; optimized its marine assets through the strategic disposal of older deep-sea fishing vessels to reallocate capital into fleet renewal and operational scaling; and updated its financial year-end to September 30 to facilitate audit and operational reporting efficiency. Alpha Ocean Resources Berhad was founded in 2019 and is headquartered in Kuala Lumpur, Malaysia.