ANNUAL REPORT 2016
WAH SEONG CORPORATION BERHAD
6
27 May
Incorporation of Syn Tai Hung
Borneo Sdn Bhd in Malaysia. It is a
joint venture entity between Syn Tai
Hung Trading Sdn Bhd, an indirect
wholly-one subsidiary of WSC, and
Sabaconcrete Sdn Bhd
CORPORATE
CALENDAR
20 May
16
th
WSC Annual General Meeting
April
2016
13 April
Wasco Energy Ltd presence at the
Offshore Technology Conference Asia
(OTC Asia)
5 April
Completion of Distribution of WSC
Single Tier cash dividend of
1.0 sen per share
February
2016
10 February
Wasco Engineering Group Limited
was announced as GE’s New
Platinum Level Participant
24 February
Wasco Engineering Australia Pty Ltd
obtained Achilles Certificate
29 February
4QFY2015 Results Announcement
29 March
WASCO delivered E-House project
awarded by Eni Ghana Exploration
and Production Limited. It was
the first topside module of Keppel
Shipyards for the integration to
‘Yinson Genesis’ Offshore Cape
Three Points Block project in the
Tano Basin 60 km off the coast of
Ghana
30 May
1QFY2016 Results Announcement
14 March
Disposal of 100% equity interest
in LTT Oil & Gas Nigeria Limited by
WSN Investments Limited, an indirect
wholly owned subsidiary of WSC
23 March
Pipe coating business unit of
WSC was awarded US$74.0mil
sub-contract for the provision of
insulation coating protection for deep
water, offshore insulation project in
the Gulf of Mexico
March
2016
3 May
WASCO Engineering Indonesia
delivered E-House for Kaombo
North FPSO, Wasco Engineering’s
first project for Schneider and
recorded 900,000 man-hours LTI
Free
May
2016
July
2016
1 July
Spirolite (M) Sdn Bhd, an
indirectly wholly owned subsidiary
of WSC, signed a new agency
agreement with Liansu Group
Company Limited (“Lesso”) for
the appointment as the key agent
for the distribution of all Lesso’s
polypropylene (PPR) pipes and
fittings in Malaysia