July 23, 2016 3:50 PM ET

Energy Equipment and Services

Company Overview of Go Marine Group Pty Limited

Company Overview

Go Marine Group Pty Limited offers integrated marine oil and gas logistics services. The company specializes in marine services to the offshore oil and gas industry. Its services include rig moving; marine consultancy; marine and rig crewing; vessel management, including barges, AHTSs, PSVs, tugs, ROVs, and diving support vessels; subsea services; and project planning services. The company was founded in 2007 and is based in South Perth, Australia. It has an additional office in Singapore. Go Marine Group Pty Limited operates as a subsidiary of Otto Ventures Pte. Ltd.

South Shore Centre

Suite 1

Level 4

85 The Esplanade

South Perth, WA 6151

Australia

Founded in 2007

Phone:

61 8 9474 3600

Fax:

61 8 9474 3677

Key Executives for Go Marine Group Pty Limited

Chief Executive Officer and Executive Director
Age: 43
Executive Director
Age: 53
Compensation as of Fiscal Year 2016.

Go Marine Group Pty Limited Key Developments

Go Marine Group Pty Ltd. Announces Increase of Investment in Go Offshore (Asia) Pte. Ltd

Otto Marine Limited announced that Go Marine Group Pty Ltd. has increased its paid-up capital in Go Offshore (Asia) Pte. Ltd. by a further sum of $27,504,865 or SGD 38,828,700, by way of capitalizing the amount owing by Go Asia to Go Marine Group. Consequent to the above investment, the issued and paid-up capital of Go Asia has been increased from SGD 19,736,300 to SGD 58,565,000. The above investment is not expected to have any material impact on the net tangible assets per share and earnings per share of the company and the Group for the current financial year ending 31 December 2015.

Otto Marine Limited Announces Redesignation of Garrick James Stanley as Chief Executive Officer of Go Marine Group Pty Ltd

Otto Marine Limited announced that as part of its restructuring exercise, Garrick James Stanley, who is responsible for the performance of the Shipping and Chartering segments of the group, is re-designated as Chief Executive Office of Go Marine Group Pvt Ltd. with effect from November 1, 2015. Mr. Stanley remains as an Executive Director of the company.

Go Marine Group Pty Ltd Appoints Garrick James Stanley as Chief Executive Officer, Effective November 1, 2015

Otto Marine Limited announced that as part of its restructuring exercise, Mr. Garrick James Stanley who is currently the President ­ Shipping and Chartering of the company, and who is responsible for the performance of the shipping and chartering segments of the group, will be re-designated as Chief Executive Officer of Go Marine Group Pty Ltd. with effect from November 1, 2015. This move is to allow him to better focus on Go Marine Group's performance. Mr. Garrick James Stanley will remain as an Executive Director of the company.

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Recent Private Companies Transactions

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