ABOUT US
THE YEAR IN BRIEF
FROM THE BOARD OF
DIRECTORS AND KEY
SENIOR MANAGEMENT
GOVERNANCE
ADDITIONAL
INFORMATION
ANNUAL REPORT 2016
WAH SEONG CORPORATION BERHAD
FINANCIAL STATEMENTS
7
CORPORATE
CALENDAR
August
2016
9 July
Pipe coating business unit of
WSC was awarded EURO600mil
(equivalent to RM2.726bil) contract
by Nord Stream 2 AG for the
provision of pipe coating services
for Nord Stream 2 Project
4 August
PT Wasco Engineering Indonesia,
an indirect subsidiary of WSC was
awarded US$41.25mil (equivalent
to RM166.70mil) sub-contract by
Schneider Electric France SAS for
the provision of design and build
up of seven (7) Pre-Fabricated
Area Sub-Stations for a project in
Kazakhstan
12 August
Acquisition by Wasco Coatings
Europe B.V. of 100% equity interest
in Dobona Oy (now known as
Wasco Coatings Finland Oy), a
company incorporated in Finland
22 August
Acquisition by Wasco Coatings
Europe B.V. of 100% equity interest
in PROMOVIA Einundneunzigste
Verwaltungsgesellschaft mbH (now
known as Wasco Coatings Germany
GmbH), a company incorporated in
Germany
22 July
Pipe coating business unit of
WSC was awarded US$18.23mil
(equivalent to RM73.87mil) contract
by Statoil Petroleum AS Norway for
the provision of pipe shipping to a
port at west coast of Norway and
subsequent offloading
19 August
Wasco Corrosion Services Sdn Bhd
presence at East Asia & Pacific Area
Conference (EAPAC) 2016
30 August
2QFY2016 Result Annoucement
26 September
Wasco Coatings Finland Oy took
delivery of first 295 pipes by rail at
the Port of Mussalo
September
2016
27 October
Wasco Coatings Germany GmbH
took delivery of its first 148 pipes by
rail at the Port of Mukran
5 October
Completion of Distribution of WSC
Single Tier cash dividend of 0.5 sen
per share
October
2016
29 November
3QFY2016 Results Announcement
November
2016