Ocean Vantage Holdings Bhd.
MMYX:OVH0.27
MYR
+0.01
(+3.92%)
ISIN
MYQ0220OO002
Return %
Stock
S&P 500
1Y
89.29
14.20
3Y
17.78
81.12
5Y
-17.19
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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- CEO
- Huat Voon Ho
- Full Time Employees
- 108
- Sector
- Industrial services
- Industry
- Oilfield services/Equipment
- Address
- Bandar Baru Permyjaya Malaysia
- IPO Date
- Jul 22, 2020
- Website
- ovbhd.com
- Similar Companies
- Business
- Ocean Vantage Holdings Berhad is a Malaysia-based investment holding company that provides integrated support services to the upstream and downstream segments of the oil and gas industry, as well as renewable energy and civil infrastructure sectors. Founded in 2011 and headquartered in Miri, Sarawak, Malaysia, the company operates across key domestic hubs including Kuala Lumpur, Bintulu, Labuan, and Johor, with regional operations extending across Southeast Asia. The company delivers specialized technical solutions structured around several core business segments, encompassing Engineering, Procurement, Construction, and Commissioning (EPCC) and Project Management; Supply of Manpower; Non-Destructive Testing (NDT) and Inspection Services; Drilling Rig Chartering; and Electrical and Instrumentation (E&I) Services. Its primary products and service offerings include comprehensive onshore pre-fabrication, civil and structural engineering, piping fabrication, and offshore hook-up and commissioning; recruitment and provision of certified multi-disciplinary technical professionals and offshore crew; conventional and advanced non-destructive testing, phased array ultrasonic testing, time-of-flight diffraction, and specialized asset integrity inspection; offshore drilling rig chartering, offshore support vessel logistics, and well intervention support; procurement and distribution of oilfield equipment, industrial valves, instrumentation systems, and pipeline materials; and clean energy solutions comprising solar photovoltaic (PV) system design, engineering, and maintenance, alongside electric vehicle (EV) charging infrastructure deployment. In recent developments, Ocean Vantage Holdings Berhad has continued to diversify its service portfolio and strengthen its operational footprint in the energy and infrastructure sectors. Wholly-owned subsidiaries Ocean Vantage Engineering Sdn. Bhd. and Ocean Vantage Inspection Testing Sdn. Bhd. were appointed to the PETRONAS Pan Malaysia Integrated Well Continuity Services (IWCS) panel contractor framework for intervention, workover, and abandonment activities through 2029. In addition, the group announced strategic expansion measures, including the proposed acquisition of Bina Gemilang Bersatu to broaden its construction and civil engineering contracting capabilities, alongside expanding its renewable energy footprint through solar installation initiatives under the Supply Agreement-Renewable Energy (SARE) framework.