Benalec Holdings Bhd.
MMYX:BENALEC0.06
MYR
0.00
(0.00%)
ISIN
MYL5190OO003
Return %
Stock
S&P 500
1Y
-40.00
14.20
3Y
-42.86
81.12
5Y
-60.00
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Seng Hai Leaw
- Full Time Employees
- 92
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Shah Alam Malaysia
- IPO Date
- Dec 28, 2010
- Website
- benalec.com.my
- Similar Companies
- Business
- Benalec Holdings Bhd. is a Malaysia-based investment holding company that specializes in marine construction, civil engineering, vessel chartering, and maritime industrial infrastructure development. Founded in 1978 and headquartered in Shah Alam, Selangor, Malaysia, the company operates primarily across Malaysia and the broader Southeast Asian region through three core business segments: Marine Construction, Vessel Chartering and Marine Transportation, and Shipyard and Maritime Services. Benalec provides an integrated suite of marine civil engineering products and services, including large-scale coastal land reclamation; dredging and soil improvement works, encompassing the installation of prefabricated vertical drains; coastal defense and shore protection systems, including the construction of rock revetments, breakwaters, seawalls, and groynes; marine piling and geotechnical foundation works; and the construction of specialized marine infrastructure such as jetties, ports, wharves, quays, and bridges. Through its marine logistics and chartering division, the company operates an extensive fleet of tugboats, barges, and dredgers, offering time charter, voyage charter, and towage services; offshore marine support; and bulk dry cargo transportation. Its shipyard operations deliver vessel construction and fabrication; dry-docking, ship repair, and maintenance services; vessel conversion and refurbishment; and the trading of marine construction materials and offshore vessels. The company also acts as a master developer for deepwater industrial waterfront hubs, leading the reclamation and infrastructure development of the Tanjung Piai Maritime Industrial Park and the Pengerang Maritime Industrial Park in Johor to support oil storage, petrochemical terminals, and heavy marine industries. In recent major developments, Benalec has expanded its bulk logistics operations, securing a notable two-year marine transportation contract through its wholly-owned subsidiary Benalec Sdn Bhd from TNB Fuel Services Sdn Bhd to provide bulk coal freight services across regional shipping routes, while continuing to optimize its vessel fleet, execute coastal engineering projects, and pursue regional marine infrastructure and logistics opportunities.