The Eng Soon Group was established in 1975 by its founder, Mr Low Chye Hin, to provide manpower and operations management to the marine industries.ES Group (Holdings) Limited (“the Company”) and together with its subsidiaries (“ES Group” or “the Group”) is a Singapore headquartered marine and offshore group that was established in 1975.Listed on the Catalist board of the SGX-ST on 9 July 2010, ES Group builds, converts and repairs a wide range of ocean-going vessels, such as tugs, barges, rigs, offshore support vessels, oil tankers and cargo ships.With operating experience of more than 30 years, ES Group has been a prominent sub-contractor of marine and offshore structures and vessels of all types and sizes, whether afloat or dry-docked for prominent Singapore shipyard operators including Sembawang Shipyard Pte Ltd, Keppel FELS Ltd and Singapore Technologies Marine Ltd.Upon its listing in 2010, ES Group undertook a strategic shift to diversify its revenue streams. The Group ventured into Engineering, Procurement and Construction (“EPC”) projects and vessel owning and chartering. The EPC strategy will secure direct contracts to increase the Group’s revenue and profitability. The vessel owning and chartering strategy will generate a stable stream of recurring revenue for the Group in the medium to longer term.Apart from gaining traction on the Group’s turnkey engineering, procurement and fabrication capability and uncompromising quality and safety standards, ES Group believes that these new businesses will complement its traditional ship building and repair operations.ES Group has site offices at the premises of its shipyard customers and operates out of its workshop and repair facilities within Singapore. The Company also owns a 70,000-square-metre shipyard with fabrication grounds in Thailand (through our 50%-owned subsidiary in Thailand), providing new building and conversion services. This facility strengthens the Group’s competitiveness in operating costs, skilled labour and geographical proximity.The Group has an impressive safety track record and holds the BizSAFE Star certification which is the highest standard conferred by the Workplace Safety and Health Council in Singapore.The Group remains on the lookout for opportunities to expand its core business while exploring possible mergers and acquisitions to accelerate its growth initiatives and enhance its long-term shareholder value.
The Eng Soon Group was established in 1975 by its founder, Mr Low Chye Hin, to provide manpower and operations management to the marine industries.ES Group (Holdings) Limited (“the Company”) and together with its subsidiaries (“ES Group” or “the Group”) is a Singapore headquartered marine and offshore group that was established in 1975.Listed on the Catalist board of the SGX-ST on 9 July 2010, ES Group builds, converts and repairs a wide range of ocean-going vessels, such as tugs, barges, rigs, offshore support vessels, oil tankers and cargo ships.With operating experience of more than 30 years, ES Group has been a prominent sub-contractor of marine and offshore structures and vessels of all types and sizes, whether afloat or dry-docked for prominent Singapore shipyard operators including Sembawang Shipyard Pte Ltd, Keppel FELS Ltd and Singapore Technologies Marine Ltd.Upon its listing in 2010, ES Group undertook a strategic shift to diversify its revenue streams. The Group ventured into Engineering, Procurement and Construction (“EPC”) projects and vessel owning and chartering. The EPC strategy will secure direct contracts to increase the Group’s revenue and profitability. The vessel owning and chartering strategy will generate a stable stream of recurring revenue for the Group in the medium to longer term.Apart from gaining traction on the Group’s turnkey engineering, procurement and fabrication capability and uncompromising quality and safety standards, ES Group believes that these new businesses will complement its traditional ship building and repair operations.ES Group has site offices at the premises of its shipyard customers and operates out of its workshop and repair facilities within Singapore. The Company also owns a 70,000-square-metre shipyard with fabrication grounds in Thailand (through our 50%-owned subsidiary in Thailand), providing new building and conversion services. This facility strengthens the Group’s competitiveness in operating costs, skilled labour and geographical proximity.The Group has an impressive safety track record and holds the BizSAFE Star certification which is the highest standard conferred by the Workplace Safety and Health Council in Singapore.The Group remains on the lookout for opportunities to expand its core business while exploring possible mergers and acquisitions to accelerate its growth initiatives and enhance its long-term shareholder value.
The Eng Soon Group was established in 1975 by its founder, Mr Low Chye Hin, to provide manpower and operations management to the marine industries.ES Group (Holdings) Limited (“the Company”) and together with its subsidiaries (“ES Group” or “the Group”) is a Singapore headquartered marine and offshore group that was established in 1975.Listed on the Catalist board of the SGX-ST on 9 July 2010, ES Group builds, converts and repairs a wide range of ocean-going vessels, such as tugs, barges, rigs, offshore support vessels, oil tankers and cargo ships.With operating experience of more than 30 years, ES Group has been a prominent sub-contractor of marine and offshore structures and vessels of all types and sizes, whether afloat or dry-docked for prominent Singapore shipyard operators including Sembawang Shipyard Pte Ltd, Keppel FELS Ltd and Singapore Technologies Marine Ltd.Upon its listing in 2010, ES Group undertook a strategic shift to diversify its revenue streams. The Group ventured into Engineering, Procurement and Construction (“EPC”) projects and vessel owning and chartering. The EPC strategy will secure direct contracts to increase the Group’s revenue and profitability. The vessel owning and chartering strategy will generate a stable stream of recurring revenue for the Group in the medium to longer term.Apart from gaining traction on the Group’s turnkey engineering, procurement and fabrication capability and uncompromising quality and safety standards, ES Group believes that these new businesses will complement its traditional ship building and repair operations.ES Group has site offices at the premises of its shipyard customers and operates out of its workshop and repair facilities within Singapore. The Company also owns a 70,000-square-metre shipyard with fabrication grounds in Thailand (through our 50%-owned subsidiary in Thailand), providing new building and conversion services. This facility strengthens the Group’s competitiveness in operating costs, skilled labour and geographical proximity.The Group has an impressive safety track record and holds the BizSAFE Star certification which is the highest standard conferred by the Workplace Safety and Health Council in Singapore.The Group remains on the lookout for opportunities to expand its core business while exploring possible mergers and acquisitions to accelerate its growth initiatives and enhance its long-term shareholder value.