December 13, 2017 8:42 AM ET

Metals and Mining

Company Overview of Oriental Sheet Piling Sdn. Bhd.

Company Overview

Oriental Sheet Piling Sdn. Bhd. manufactures and supplies steel foundation for the infrastructure and construction industry. It offers steel sheet piling, including hot rolled sheet piling, cold formed sheet piling, jagged walls, and combined walls; and foundation pipes, such as strutting systems and tie back systems/tie rods. The company also provides technical services that include fabrication, corrosion protection, project management and installation advisory, and research and development support; and commercial services, such as engineering project and application focused sales, assistance in feasibility study and project specification, design support, stock sales, a range of products, r...

Block I, Unit 11

Dataran Prima

Jalan PJU 1/37

Petaling Jaya,  47301

Malaysia

Founded in 1999

Phone:

60 3 7949 6000

Fax:

60 3 7949 6111

Key Executives for Oriental Sheet Piling Sdn. Bhd.

Oriental Sheet Piling Sdn. Bhd. does not have any Key Executives recorded.

Oriental Sheet Piling Sdn. Bhd. Key Developments

China Oriental Group Co. Ltd. Announces Possible Formation of Joint Ventures with Oriental Sheet Piling

The Board of China Oriental Group Co. Ltd. announced that on 2 August 2016, the company and Oriental Sheet Piling entered into a legally binding MOU to set forth the parties' understanding with regard to the possible formation of the Two Joint Ventures to engage in production and sales of steel sheet piles products respectively. Subject to the entering into of the definitive agreement(s), it is currently contemplated that a Production Joint Venture and a Sales Joint Venture will be established for the production and sales of steel sheet piles products in PRC respectively: The Production Joint Venture - The Company will indirectly hold majority interests whereras Oriental Sheet Piling will hold the remaining minority interests of the Production Joint Venture. It is intended that the Production Joint Venture will operate in the current premises of Jinxi Limited and the main product will encompass various steel sheet piles products. All steel sheet piles products produced by the Production Joint Venture and other subsidiaries of the Company will be sold to the Sales Joint Venture at the prevailing market price. The sales of other products other than steel sheet piles products produced by the Production Joint Venture will be managed by the Company. The Sales Joint Venture - Oriental Sheet Piling will hold majority interests whereas the Company will indirectly hold the remaining minority interests of the Sales Joint Venture. It is intended that the Sales Joint Venture will be the exclusive and designated sales agent of the sheet pile products produced by the Production Joint Venture and other subsidiaries of the Company. The commercial production of steel sheet piles products is expected to start not later than January 2018.

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