Benalec Holdings Berhad (5190)

Overview

Benalec Holdings Berhad, established in 1978 and headquartered in Shah Alam, Malaysia, operates as an investment holding company with a focus on the marine construction and civil engineering industry within Malaysia. The company's operations extend across several segments including Marine Construction, Vessel Chartering and Marine Transportation, and Other sectors, demonstrating a diverse portfolio of services tailored to the marine industry. Benalec Holdings Berhad serves not only as a provider of specialized marine construction and civil engineering services but also engages in the leasing and chartering of vessels, marine transportation, and engineering services, highlighting its comprehensive involvement in the marine sector.

Products and Services

• Marine Construction Services: This segment covers a range of services including land reclamation, dredging, beach nourishment, rock revetment, shore protection, breakwater construction, pre-bore and marine piling, and the construction of marine structures such as bridges, jetties, ports. Additionally, the company also supplies materials needed for marine construction, showcasing an end-to-end service provision in marine infrastructure projects.
• Vessel Leasing and Chartering: Benalec Holdings Berhad offers vessel leasing and chartering services, facilitating marine transportation and engineering projects. This includes the provision of voyage charter services, underscoring the company's capability to support marine operations through a comprehensive fleet of vessels catered to varying project requirements.
• Shipbuilding and Maintenance: The company is engaged in shipbuilding activities, which encompasses the design, construction, and delivery of ships. In addition, it provides ship repair, maintenance, fabrication, and refurbishment services, demonstrating a full spectrum of capabilities from ship construction to after-sales services, ensuring the longevity and efficiency of marine vessels.
• Property Investment and Other Activities: Beyond its core marine-oriented services, Benalec Holdings Berhad also participates in property investment holding activities, signifies a strategic diversification into real estate. Moreover, the company deals with the trading of vessels and installation of geo-technical prefabricated vertical drains, broadening its service offerings. It also acts as an agent for the clearance of vessels with port authorities, indicating an extensive range of services that support both marine operations and ancillary services related to maritime activities.