January 17, 2017 4:37 PM ET

Marine

Company Overview of Shin Yang Shipping Corporation Berhad

Company Overview

Shin Yang Shipping Corporation Berhad, an investment holding company, provides shipping services. The company transports loose bulk and container cargoes, such as timber logs, sawn timber, plywood, quarry, cement, glue, lubricants, project cargoes, car containers, timber products, light equipment, heavy machinery, vehicles, metal plates, steel products, flour, spare parts, and other cargoes; and general cargoes, including machineries, timber and steel products, and other cargoes. It operates a fleet of 284 vessels with a total gross registered tonnage of approximately 380,000 tonnage. The company also builds tug boats, cargo vessels, anchor handling tugs, navy training vessels, landing craft...

Sub Lot 153 (Parent Lot 70)

Jalan Kuala Baram

Kuala Baram

Miri,  98100

Malaysia

Phone:

60 8 542 8399

Fax:

60 8 542 1428

Key Executives for Shin Yang Shipping Corporation Berhad

Shin Yang Shipping Corporation Berhad does not have any Key Executives recorded.

Shin Yang Shipping Corporation Berhad Key Developments

Shin Yang Shipping Corporation Berhad Announces Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2016

Shin Yang Shipping Corporation Berhad announced unaudited consolidated earnings results for the first quarter ended September 30, 2016. For the quarter, the company's revenue was MYR 131,272,000 against MYR 183,901,000 for the same period last year. Operating profit was MYR 16,796,000 against MYR 16,324,000 for the same period last year. Profit before tax was MYR 1,236,000 against MYR 6,235,000 for the same period last year. Loss attributable to owners of the company for the period was MYR 626,000 against profit attributable to equity holders of the parent of MYR 4,105,000 for the same period last year. Loss per basic and diluted share were 0.05 sen against earnings per basic and diluted of 0.34 sen for the same period last year. Net cash used in operating activities was MYR 13,487,000 against MYR 12,368,000 for the same period last year. Capital expenditure was MYR 4,326,000 against MYR 14,600,000 a year ago.

Shin Yang Shipping Corporation Berhad, Annual General Meeting, Dec 02, 2016

Shin Yang Shipping Corporation Berhad, Annual General Meeting, Dec 02, 2016, at 11:00 China Standard Time. Location: Conference Room, Level 5 Imperial Hotel, Jalan Pos 98000 Miri Sarawak Malaysia Agenda: To table the audited financial statements for the financial year ended 30 June 2016 together with the reports of the directors and auditors thereon; to approve the directors' fees for the financial year ended 30 June 2016; to consider board changes; to re-appoint Messrs Ernst & Young as auditors of the company and to authorise the Directors to fix their remuneration; to consider proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature; to consider proposed renewal of authority on shares buy-back; and to transact any other ordinary business of which due notice shall have been given.

Shin Yang Shipping Corporation Berhad Appoints Vincent Ling Lu Yew as Executive Director

Shin Yang Shipping has appointed Vincent Ling Lu Yew as Executive Director. The effective date is September 02. Mr. Vincent joined Shin Yang Shipyard Sdn Bhd, Shin Yang Shipping Corporation Berhad's wholly owned subsidiary in 2007 as Operation Manager and was appointed as Director of Shin Yang Shipyard Sdn Bhd in March 2010.

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