Deleum Bhd.

Deleum Bhd.

MMYX:DELEUM
0.89
MYR
-0.01
(-1.11%)
Nov 30Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Ramanrao bin Abdullah
Full Time Employees
1,671
Sector
Distribution services
Industry
Wholesale distributors
Address
Kuala Lumpur Malaysia
IPO Date
Jun 4, 2007
Website
deleum.com
Business
Deleum Berhad is a Malaysia-based investment holding company that provides specialized equipment and integrated engineering solutions to the energy sector, primarily serving upstream oil and gas exploration and production operators. Founded in 1982 and headquartered in Kuala Lumpur, Malaysia, the company operates across three principal business segments: Power and Machinery (P&M), Oilfield Integrated Services (OIS), and Integrated Corrosion Solution (ICS). Through its Power and Machinery segment, the company delivers complete life-cycle support, field servicing, retrofits, overhauls, and turnkey installation services for gas turbine packages, turbomachinery, compressors, motors, generators, transformers, and industrial pumps; supplies gas turbine spare parts; and manufactures, supplies, and services flow control systems, including control valves, safety relief valves, and actuators. Through its Oilfield Integrated Services segment, Deleum provides slickline equipment and conveyance services; cased hole logging and well intervention; integrated wellhead maintenance; subsurface engineering; and specialty production and flow assurance chemicals formulated for crude oil production enhancement, asset integrity, and stimulation. Through its Integrated Corrosion Solution segment, the company delivers passive fire protection, blasting, and surface preparation; coating and structural integrity management; heat induction coating removal; and maintenance, construction, and modification (MCM) along with hook-up and commissioning (HUC) services for offshore platforms, storage tanks, vessels, structures, and piping networks. Deleum operates predominantly across Malaysia, with established regional operations and market reach extending into Indonesia, Brunei, and Thailand. Key operating subsidiaries include Deleum Services Sdn. Bhd., Turboservices Sdn. Bhd., Penaga Dresser Sdn. Bhd., Deleum Oilfield Services Sdn. Bhd., Deleum Chemicals Sdn. Bhd., Deleum Technology Solutions Sdn. Bhd., Deleum Primera Sdn. Bhd., and PT OSA Industries Indonesia. In recent corporate developments, Deleum has accelerated its regional growth and digital capability expansion. The company expanded its Southeast Asian presence by completing the acquisition of a 70 percent equity interest in Indonesian valve and flow control specialist PT OSA Industries Indonesia for approximately USD 7 million. In technological advancements, Deleum established strategic partnerships with Paradigm Technology Services B.V. to deploy digitalized Slick-E-Line and ParaComm downhole well intervention technologies, and with LatConnect 60 Ltd to commercialize satellite-based methane emissions monitoring through the eMission60 platform. Additionally, the group significantly expanded its operational order book by securing major multi-year service contracts with national oil company PETRONAS Carigali Sdn Bhd, comprising Pan-Malaysia offshore MCM and HUC contract packages for Peninsular Malaysia and Sarawak, extended long-term Solar Turbines maintenance support, and long-term slickline equipment and services agreements.