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Last $0.12 SGD
Change Today +0.004 / 3.45%
Volume 25.0K
HSE On Other Exchanges
As of 5:04 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

hiap seng engineering ltd (HSE) Snapshot

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08/4/14 - $0.20
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03/18/15 - $0.10
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hiap seng engineering ltd (HSE) Details

Hiap Seng Engineering Ltd, an investment holding company, provides mechanical engineering, plant fabrication and installation, and plant maintenance services primarily for the petroleum and petrochemical industry. It operates in two segments, Plant Construction and Maintenance, and Compression and Process Equipment Fabrication. The company offers engineering, procurement, and construction services. It also provides plant maintenance services that primarily include mechanical, E&I and civil/buildings, refractory works, insulation works, blasting/painting works, and scaffolding services. In addition, the company engages in the fabrication and construction of storage tanks and terminals, pressure vessels, process piping and pipe rack modules, structural steel products, FPSO topside modules, compression modules, and process modules, as well as other services. It has operations in Singapore, Malaysia, Thailand, the People’s Republic of China, Vietnam, Africa, and other countries. The company was formerly known as Hiap Seng Engineering & Construction Pte Ltd. and changed its name to Hiap Seng Engineering Ltd in June 1999. Hiap Seng Engineering Ltd was founded in 1950 and is based in Singapore.

Founded in 1950

hiap seng engineering ltd (HSE) Top Compensated Officers

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hiap seng engineering ltd (HSE) Key Developments

Hiap Seng Engineering Ltd Incorporates Joint Venture Company in Malaysia, PTTE Hiap Seng JV Sdn. Berhad

The board of directors of Hiap Seng Engineering Ltd. announced that the company has incorporated a joint venture company in Malaysia, PTTE Hiap Seng JV Sdn. Bhd. (PHS JV). PHS JV is principally engaged in mechanical engineering works and services, plant fabrication and installation for the oil, gas and petrochemical industries. The authorised share capital of PHS JV will be MYR 400,000 divided into 400,000 ordinary shares of MYR 1.00 each. The initial issued shares capital in PHS JV will be MYR 100,000 of which MYR 49,000 to be held by the company and MYR 51,000 by Ice Petroleum Engineering Sdn. Bhd.

Hiap Seng Engineering Ltd, Board Meeting, May 26, 2015

Hiap Seng Engineering Ltd, Board Meeting, May 26, 2015. Agenda: To receive assurance for proper maintenance of financial records and financial statements of the company to give a true and fair view of the company's operations and finances.

Hiap Seng Engineering Ltd Reports Consolidated Earnings Results for the Fiscal Year Ended March 31, 2015

Hiap Seng Engineering Ltd. reported consolidated earnings results for the fiscal year ended March 31, 2015. For the year, the company reported revenue of SGD 253,104,000 compared to SGD 258,617,000 a year ago. Loss before tax was SGD 11,777,000 compared to SGD 3,167,000 a year ago. Net loss was SGD 12,737,000 compared to SGD 3,212,000 a year ago. Loss attributable to equity holders of the Company was SGD 13,163,000 compared to SGD 3,446,000 a year ago. Basic and diluted loss per share was 4.33 cents compared to 1.13 cents a year ago. Net cash provided by operating activities was SGD 38,593,000 compared to net cash used in operating activities of SGD 34,418,000 a year ago. Purchases of property, plant and equipment was SGD 2,497,000 compared to SGD 7,710,000 a year ago. Return on equity was 22.2% compared to 4.8% a year ago. Return on assets was 11.2% compared to 1.6% a year ago.


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