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Business Description
Wah Seong Corporation Berhad is engaged in investment holding and provision of management services to its subsidiaries. Its segments include Oil & gas division, which is engaged in pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/ onshore field development facilities and the provision of specialized equipment and services to the power generation, oleochemical and petrochemical industries; Renewable energy division, which engaged in supplying and manufacturing of specialized equipment for biomass power plants, such as industrial fans, boilers and turbines that run primarily on biomass fuels and Industrial trading & services division, which consists of trading and distribution of building materials and the manufacturing and trading of industrial pipes. In March 2014, the Company announced that its wholly-owned subsidiary Jutasama Sdn Bhd, acquired 100% of issued and paid-up share capital of PMT Energy (Labuan) Ltd.