As the agent for more than 140 international brands, our Group supplies and distributes over 60,000 oil & gas related products including hydraulic equipment, instrumentation, valves and spare parts. Our extensive customer base comprises companies in the oil & gas, marine, mining and petrochemical industries. Some of these global names include Seatrax, Menck, Parker, Sandvik, Crosby, Ridgid, Dixon, Velan Valve, Alfa Laval, Moorflex, Gates Hoses, FCX, Enerpac, JH Williams and Strongwell.
In the past few years, we have made several strategic acquisitions to broaden our range of product offerings. Amidst the buoyant oil and gas industry, synergies from these acquisitions have contributed to the robust growth in our distribution business.
In FY2005, we continued to expand our range of products and services. Through our subsidiary Aqua-Terra Supply Co. Limited, we bought a 100% stake in Orient Marine Pte Ltd, and a 25% interest in Runva Holdings Pte Ltd. In addition, our group acquisition of a 20% interest in M.E.I. Engineers Pte Ltd enhanced our consultancy and engineering capabilities in the oil & gas as well as chemical processing industries.
Our integrated range of products and services has provided us with a strong foundation to undertake higher value added Rig Capital Equipment related projects. As we continue to expand our portfolio of Rig Capital Equipment projects, demand for our products and services will remain strong. The refurbishment and subsequent long term maintenance of the capital assets will create opportunities for us to cross sell oil & gas related parts, equipment and consumables. This will in turn generate growth in our distribution business.
|
|
Home 
