SBH Marine Holdings Bhd.
MMYX:SBH0.15
MYR
+0.00
(-3.23%)
ISIN
MYQ0300OO002
Return %
Stock
S&P 500
1Y
-25.00
14.20
3Y
- -
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.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Boo Nam Tan
- Full Time Employees
- 314
- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- Kuala Kurau Malaysia
- IPO Date
- Apr 8, 2024
- Website
- sbhmarine.com
- Similar Companies
- Business
- SBH Marine Holdings Berhad is a Malaysia-based vertically integrated seafood producer specializing in the processing, packaging, and export of premium frozen seafood, as well as shrimp aquaculture farming and seafood merchanting. Founded in 2000 and headquartered in Kuala Kurau, Perak, Malaysia, the company operates across the aquaculture and seafood processing value chain, encompassing shrimp breeding, pond aquaculture farming, processing, cold storage warehousing, and global distribution. The company operates through two primary business segments: Seafood Processing and Merchanting, and Aquaculture Farming. SBH Marine Holdings offers an extensive portfolio of frozen seafood products, including farm-raised Vannamei white shrimp (Litopenaeus vannamei) and Black Tiger prawns (Penaeus monodon); wild-caught cephalopods such as whole and cut squid, cuttlefish, and octopus; and diverse marine fish species, including threadfin bream, ribbonfish, snapper, croaker, and pomfret. The company supplies products in multiple processing and packaging specifications, including block frozen, semi-individual quick frozen (semi-IQF), and individual quick frozen (IQF) forms; head-on shell-on (HOSO); headless shell-on (HLSO); peeled and deveined (PND); peeled tail-on (PTO); peeled undeveined (PUD); butterfly-cut; and cooked value-added formats tailored to retail, food service, and wholesale distribution channels. The Aquaculture Farming segment operates commercial shrimp farms and nursery facilities in Perak to rear and harvest live shrimp for internal processing and domestic sale. SBH Marine distributes its products globally, serving export markets across the European Union, the Middle East, East Asia, North America, and Oceania under international quality and safety certifications, including BRCGS, HACCP, GMP, ASC, and Halal standards. In recent corporate developments, SBH Marine Holdings completed its initial public offering and officially listed its shares on the ACE Market of Bursa Malaysia in April 2024 under the stock code 0307 (MYX:SBH), raising approximately MYR 39.6 million in gross proceeds to fund strategic expansion initiatives. The company is deploying the IPO proceeds to construct a new seafood processing plant and cold storage facility at its existing operations in Kuala Kurau, Perak, substantially increasing its daily processing capacity and cold chain logistics capabilities. Additionally, SBH Marine is actively expanding its upstream aquaculture operations by developing new shrimp farming ponds at its Selinsing and Teluk Intan estates in Perak to scale up captive raw material supply, enhance supply chain traceability, and support growing export demand.