26 ENRA GROUP BERHAD ANNUAL REPORT 2024 Sustainability Report (Cont’d) OVERVIEW OF ENRA ENRA was founded in 1992 and assumed its current name and business in 2015. It is currently headquartered in Kuala Lumpur, Malaysia. We have grown over the years into a diversified group of companies via our various subsidiaries and joint ventures which is split into the Energy Logistics, Property Development, and Maintenance, Repair and Overhaul (MRO) Services divisions. OVERVIEW OF KEY BUSINESS DIVISIONS • ENERGY LOGISTICS DIVISION Our Energy Logistics division offers a range of services that includes designing, fabrication & construction, installation, leasing, removal & re-instatement, and refurbishment of single point mooring and floating storage systems. This division operates under the Hexagon branding, and currently owns and operates a FSO vessel – Ratu ENRA, and SPM catenary anchor leg mooring (“CALM”) buoy. • PROPERTY DEVELOPMENT DIVISION Our Property Development division comprises joint venture property development activities with projects in Malaysia and the United Kingdom. Under the Q Homes branding, it seeks to address the undersupply of quality affordable housing in Malaysia’s residential market. We had completed the delivery of vacant possession to buyers for its maiden project in Telok Panglima Garang and are now focusing on the progress of its second project in Taman Vista Impian, Dengkil. In addition, we have a boutique development arm that develops niche real estate projects in the UK. Our project in Rugby, UK has yet to begin development as we are continually assessing market conditions to determine the appropriate time and approach. • MAINTENANCE, REPAIR AND OVERHAUL SERVICES DIVISION Our MRO Services division seeks to position itself as a comprehensive specialist for diesel power generation and propulsion equipment across multiple brands and models. It actively and primarily engages with the oil & gas, marine, agriculture, industrial and other relevant and applicable industries. HIGHLIGHTS & ACHIEVEMENTS RM31.06 Million In Group Revenue (RM14.88) Million In Group Loss after Tax (LAT) RM75.50 Million In Equity 34.78% Reduction In Emission Intensity 38.17% Reduction In Energy Intensity 8.93% Increase In Water Intensity 41% (Overall) & 14% (Board) Women In Workforce 0 Fatalities Occur In Workplaces 520 Training Hours Recorded
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