April 27, 2017 9:34 PM ET

Marine

Company Overview of Jason Marine Group Limited

Company Overview

Jason Marine Group Limited, an investment holding company, provides marine electronics systems integration and support services for the marine and offshore oil and gas industries in Singapore and internationally. The company operates in three segments: Sale of Goods, Rendering of Services, and Airtime Revenue. It provides ship health management systems; VSAT antennas; Fleetbroadband, a maritime network; BGAN, which enables the customer to access e-mail, corporate networks, and the Internet; Inmarsat IsatPhonePro products; iridium services; and global maritime distress and safety systems. Jason Marine Group Limited also provides PAGA, a marine small public address system; PABX that allows a s...

194 Pandan Loop

No. 06-05, Pantech Business Hub

Singapore,  128383

Singapore

Founded in 1976

Phone:

65 6477 7700

Fax:

65 6872 1800

Key Executives for Jason Marine Group Limited

Jason Marine Group Limited does not have any Key Executives recorded.

Jason Marine Group Limited Key Developments

Jason Marine Group Limited Appoints Esabelle Saw Hong Gaik as Financial Controller, Effective April 1, 2017

The board of directors of Jason Marine Group Limited announced that Ms. Esabelle Saw Hong Gaik, who is currently the company's Acting Financial Controller, will be appointed as Financial Controller with effect from 1 April 2017.

Jason Marine Group Limited Announces Unaudited Consolidated Earnings Results for the Half Year Ended September 30, 2016

Jason Marine Group Limited announced unaudited consolidated earnings results for the half year ended September 30, 2016. For the period, the company reported revenue of SGD 17,880,000 against SGD 17,223,000 a year ago. Loss before income tax was SGD 2,206,000 against SGD 2,469,000 a year ago. Loss after income tax was SGD 2,203,000 against SGD 2,487,000 a year ago. Net attributable loss was SGD 2,204,000 against SGD 2,490,000 a year ago. Loss attributable to owners of the parent was SGD 2,204,000 or 2.10 cents per basic and diluted share against SGD 2,490,000 or 2.37 cents per basic and diluted share a year ago. Net cash provided by operating activities was SGD 6,167,000 against net cash used in operating activities of SGD 2,024,000 a year ago. Purchase of plant and equipment was SGD 271,000 against SGD 275,000 a year ago. The increase in revenue was largely due to a SGD 1.7 million increase in contribution from the sale of goods segment which delivered higher value of projects in China. However, this was partially offset by lower revenue from the service and airtime divisions amidst the downturn in the marine and offshore industry. The net cash generated from operating activities was due to the group's conscious efforts to manage its capital in view of the challenging operational environment.

Jason Marine Group Limited Appoints Esabelle Saw Hong Gaik as Joint Company Secretary, Effective from October 30, 2016

The board of directors of Jason Marine Group Limited announced that Ms. Esabelle Saw Hong Gaik, who is currently the company's acting financial controller, will be appointed as joint company secretary with effect from October 30, 2016.

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