SHS Holdings Ltd. (566)

Overview

SHS Holdings Ltd. operates as an investment holding company with a diversified portfolio focused on serving a wide range of industries including marine, oil and gas, construction, and infrastructure across several key markets. Its operations span Singapore, Malaysia, Vietnam, Indonesia, the People's Republic of China, Japan, and Europe, highlighting the company's global reach. Established in 1971 and having transitioned its name from See Hup Seng Limited to SHS Holdings Ltd. in October 2014, the company has cemented its position in various sectors with a particular emphasis on grit blasting and painting activities. SHS Holdings divides its operations across distinct segments: Engineering & Construction, Corrosion Prevention, Solar Energy, and Others. Each of these segments caters to specific industries with a range of specialized services aimed at delivering comprehensive solutions.

Products and Services

• Engineering & Construction:

This segment focuses on the design, engineering, and construction of steel, aluminium, and glass structures, showcasing a strong competency in the building of resilient and efficient structures across various applications. Furthermore, it provides comprehensive services in modular construction projects including design, construction, and manufacturing, addressing the growing demand for modular construction solutions.

• Corrosion Prevention:

Under this segment, SHS Holdings delivers blasting and coating services for a range of raw materials including steel plates and structures. These services are crucial for the marine, oil and gas, construction, and infrastructure industries that require durable materials resistant to corrosive environments. It covers internal surfaces of chemical tankers, barges, and notably, FPSO vessels. Additionally, the company offers on-site blasting and coating for ship hulls, oil rigs, and FPSO modules, supplemented by the design, supply, and distribution of corrosion prevention systems, machinery, equipment, materials, and products, alongside blasting and painting systems.

• Solar Energy:

SHS Holdings taps into the renewable energy sector through this segment, engaging in the engineering, procurement, and construction (EPC) of solar power projects which involves solar power project development. It also deals with energy-efficient lighting systems including the provision of electrical supply and installation services for lighting in commercial and industrial buildings. This also extends to the design and installation of air conditioning and mechanical ventilation systems for a range of users.

• Others:

The Others segment rounds off SHS Holdings' diverse portfolio with property development, warehousing, investment, and storage handling services. Engineering and project management for electrical works also fall under this category, indicating the company’s commitment to offering a comprehensive suite of solutions across different sectors.