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SME GROWFY2014
PREFACE
ABOUT MPRC
The MPRC100 published earlier in the year highlighted the top-100 largest Oil & Gas Services and Equipment (OGSE) companies in Malaysia by
revenue. Recognising that a significant number of OGSE companies are Small and Medium-sized Enterprises (SMEs), we have decided to study
this segment further in SME GROW, as a follow-up analysis to MPRC100.
SME GROW lists active OGSE SMEs with the potential to grow from the SME segment into Mid-tier companies. SME GROW’s first key difference
with MPRC100 lies in the filtering process we applied to identify a number of companies with high potential. This number may change from year
to year depending on the performance of the OGSE SMEs. Secondly, our ranking for SME GROW companies take into account both revenue
growth and profitability.
However, there are sections similar to MPRC100. Within this publication you will find a mapping of SME GROW companies’ operating segments
in the upstream oil and gas value chain, as well as other supporting industry analyses.
We aim for SME GROW to be a point of reference for government agencies that are actively involved in the development of SMEs in Malaysia (e.g.
SME Corp, which identifies potential companies for SME development programmes, MATRADE to promote capable SMEs overseas, and MIDA,
which supports the development of SMEs through incentives).
Additionally, multinational companies (MNCs) seeking to expand outsourcing activities in Malaysia, as well as other Malaysian companies
looking to invest in SMEs with growth potential can also benefit from this document.
Malaysia Petroleum Resources Corporation (MPRC), an agency under the Prime Minister’s Department was established in 2011. The agency is
responsible for growing Malaysian OGSE firms and leveraging on Malaysia’s strategic geographical location to enhance its position as the preferred
hub for OGSE activities in the region. As the OGSE development agency, MPRC helps to promote, catalyse and globalise the country’s OGSE
capabilities in the upstream, midstream and downstream segments.
REPORT PREPARED BY:
Syed Azlan Syed Ibrahim
Norman Matthieu Vanhaecke
Adlina Mohd Adnan
EDITORIAL COMMITTEE:
Datuk Shahrol Halmi
Ir Dr Shahreen Madros
OUR VISION AND STRATEGIC THRUSTS
We support the development of quality talents and technology for the Oil & Gas industry.
We support the OGSE industry’s growth by providing market intelligence to support a
competitive market environment.
Investment& Finance
PREFACE • ABOUT MPRC
FOREWORDOil and gas has been the backbone of Malaysia’s economic growth in the last few decades. Even as oil prices remain low today, oil & gas continues to be a strategic industry for the nation contributing 11.3% of national GDP in 2015.
Supporting and developing SMEs is therefore key towards Malaysia’s economic fortunes. SMEs currently account for a significant 82% share of Malaysia's OGSE sector. But with the oil market at a “new normal”, there are important implications for players along the oil & gas value chain. OGSE SMEs need to be able to cope with cost pressures, rising competition and declining domestic jobs.
In an increasingly competitive OGSE environment, identifying long-term solutions for the sustainable growth of SMEs is critical. Towards that end, we are launching our inaugural SME GROW FY2014—an annual sister publication to MPRC100—to identify SMEs with high growth potential within Malaysia's OGSE landscape. These firms—165 companies that make up SME GROW—could potentially play an important part towards creating a stronger OGSE ecosystem to elevate Malaysia into an OGSE hub in Asia Pacific. To the other OGSE SMEs, we hope this list inspires you to scale up, develop your technological capabilities and invest in people to better compete not only domestically, but in international markets as well.
At MPRC, we have a host of in-house publications to aid OGSE SMEs in your growth journey: for technology research information, refer to Malaysia Oil and Gas R&D Catalogue and Financing Schemes for OGSE Companies for information on financing programmes and incentives. In Doing Business in Southeast Asia, SMEs can glean insights on the various business opportunities Southeast Asia has to offer. With this, we hope OGSE SMEs can ascend to the leagues of MPRC100 companies in the future.
We believe that SME GROW serves as a useful tool in developing SME competitiveness and generating greater dynamism in Malaysia’s OGSE sector. More importantly, we hope this publication sparks cross-agency collaboration that will benefit all OGSE SMEs in the long term.
DATUK SHAHROL HALMIPresident / Chief Executive OfficerMalaysia Petroleum Resources Corporation
These firms—165 companies that make up SME GROW—could potentially play an important part towards creating a stronger OGSE ecosystem to elevate Malaysia into an OGSE hub in Asia Pacific
2
SME GROW FY2014
LANDSCAPE & APPROACHOur study on SME GROW is based primarily on active PETRONAS-licensed companies as at August 2015. We focused on companies whose primary business is related to the OGSE sector. Companies are assessed based on their consolidated financial results for financial year (FY) 2014 sourced from Companies Commission of Malaysia (SSM) Corporate and Business Information Data (CBID) database.
OGSE SMEs were then identified based on SME Corporation Malaysia’s (SME Corp) definition for manufacturing and services SMEs1. Of the 1,805 active Malaysian OGSE companies, a total of 1,482 were identified as SMEs. These OGSE SMEs were then grouped according to SME Corp’s Medium, Small and Micro classifications2.
We focused on medium-sized SMEs as they are the main growth drivers of the industry and have the potential to progress into Mid-tier companies. Pursuant to this, further criteria were applied to identify high performing companies:• Exclusion of pure agents• Companies with positive 3-year revenue compounded annual growth rate (CAGR) from FY2011 to FY2014• Companies with positive 3-year average PBT margin from FY2011 to FY2014
The companies are then ranked by their respective 3-year revenue CAGR and 3-year average PBT margin. Combining these two categories yielded our final ranking of the 165 companies that make up SME GROW for FY2014.
Definition1 Large: Sales turnover > RM500mil Mid-tier: Sales turnover > RM20mil and ≤ RM500mil SMEs: Sales turnover ≤ RM50mil (Manufacturing) OR Sales turnover ≤ RM20mil (Services & Other sectors)2 Medium: Sales turnover RM15mil and ≤ RM50mil (Manufacturing) OR Sales turnover RM3mil and ≤ RM20mil (Services & Other sectors) Small: Sales turnover RM300k and < RM15mil (Manufacturing) OR Sales turnover RM300k and < RM3mil (Services & Other sectors) Micro: Sales turnover < RM300k (Manufacturing, Services & Other sectors)
LARGE:
23MID-TIER:
300• Exclude pure
agents
• Positive 3-year revenue CAGR
• Positive 3-year average PBT margin
SME:
1482COMPANIES
SMEGROW
COMPANIES
165Active Malaysian OGSE (FY2014) MICRO:
246
SMALL:
599
MEDIUM:
637COMPANIES
Figure 1
3
FOREWORD | LANDSCAPE & APPROACH
FinalRank Company Name
3-Year Revenue
CAGR (%)
Rank A
3-Year PBT Margin
Average(%)
Rank B
Rank A +
Rank BEXPLORATION DEVELOPMENT PRODUCTION PRODUCTS
1 WINNER INSPECTION SDN. BHD. 145.86 10 32.87 2 12
2 OILGON SOLUTION SDN. BHD. 142.91 11 18.14 10 21
3 IN-SITU PETRO SERVICES SDN. BHD. 249.82 1 12.38 22 23
4 IKLIMEGA SDN. BHD. 181.31 4 13.36 20 24
5 PETRO FLANGES AND FITTINGS SDN. BHD 175.62 5 12.22 23 28
6 SATUMARIN SDN. BHD. 167.28 7 12.09 25 32
7 INNATECH WASTE MANAGEMENT (LABUAN) SDN. BHD. 246.58 2 10.60 32 34
7 SINBERY CORPORATION SDN. BHD. 63.63 33 53.18 1 34
9 PERFECT EMERALD SDN. BHD. 66.45 31 15.75 14 45
10 SA FOURTHTRADE SDN. BHD. 97.15 20 11.62 28 48
11 TIGER OILFIELD SERVICES (M) SDN. BHD. 61.07 35 13.09 21 56
12 MORE HORIZON SDN. BHD. 80.22 25 10.38 35 60
13 DAYA BUMIMAJU SDN. BHD. 57.70 36 11.80 27 63
13 2H OFFSHORE ENGINEERING SDN. BHD. 36.99 57 25.20 6 63
15 NADI MARINE SDN. BHD. 91.47 23 8.24 43 66
16 DOMINANT ENERGY SDN. BHD. 125.31 14 6.08 54 68
17 TR ENGINEERING AND TRADING SDN. BHD. 39.02 53 13.66 18 71
18 ENERGY WORKFORCE ENGINEERING (M) SDN. BHD. 95.01 22 6.45 50 72
18 VOSS ENGINEERING SDN. BHD. 61.54 34 9.50 38 72
20 REVMAX ENGINEERING SDN. BHD. 102.55 18 6.03 55 73
21 ZHR GLOBAL SDN. BHD. 103.26 17 5.28 58 75
22 BRAEMAR TECHNICAL SERVICES (OFFSHORE) SDN. BHD. 26.01 72 31.73 4 76
23 DYNA SEGMEN SDN. BHD. 108.57 16 5.04 62 78
24 PETROLEC RESOURCES SDN. BHD. 175.04 6 3.93 75 81
24 STORK TECHNICAL SERVICES MALAYSIA SDN. BHD. 27.32 68 16.17 13 81
26 SEQU OFFSHORE SAFETY SDN. BHD. 23.27 78 23.02 7 85
27 GEOPREMIUM SDN. BHD. 165.74 8 3.71 78 86
28 GRAHATECHS RESOURCES SDN. BHD. 43.92 47 8.68 42 89
28 SIGMA SETIA SDN. BHD. 35.78 59 10.90 30 89
30 PETRO PRECISION SDN. BHD. 118.05 15 3.85 77 92
30 RB PLANT SERVICES SDN. BHD. 54.39 40 6.15 52 92
32 PRORED ENERGY RESOURCES SDN. BHD. 151.59 9 3.25 85 94
33 PEGASUS ASIA PACIFIC SDN. BHD. 26.21 71 12.19 24 95
34 NUSANTARA TEST SERVICES SDN. BHD. 17.37 96 32.65 3 99
35 JINORA CORPORATION SDN. BHD. 101.73 19 3.42 81 100
35 SIRAGA MALAYSIA SDN. BHD. 69.01 30 4.34 70 100
37 EET ENGINEERING SERVICES SDN. BHD. 17.13 97 28.93 5 102
38 DATA INTELEK SDN. BHD. 48.25 44 5.17 59 103
38 DATUMI SDN. BHD. 28.17 67 10.21 36 103
40 FUGRO GLOBAL ENVIRONMENTAL & OCEAN SCIENCES SDN. BHD. 34.77 60 8.22 44 104
40 PROEIGHT SDN. BHD. 19.53 87 13.66 17 104
42 ASIA LAB (M) SDN. BHD. 18.60 91 14.34 15 106
43 SIEGER ENGINEERING SDN. BHD. 76.20 26 3.18 86 112
43 PETROKAPAL SDN. BHD. 55.95 39 4.14 73 112
43 KEJURUTERAAN ESCON SDN. BHD. 15.17 104 20.76 8 112
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SME GROW RANKINGS & CATEGORIES
4
SME GROW FY2014
FinalRank Company Name
3-Year Revenue
CAGR (%)
Rank A
3-Year PBT Margin
Average(%)
Rank B
Rank A +
Rank BEXPLORATION DEVELOPMENT PRODUCTION PRODUCTS
1 WINNER INSPECTION SDN. BHD. 145.86 10 32.87 2 12
2 OILGON SOLUTION SDN. BHD. 142.91 11 18.14 10 21
3 IN-SITU PETRO SERVICES SDN. BHD. 249.82 1 12.38 22 23
4 IKLIMEGA SDN. BHD. 181.31 4 13.36 20 24
5 PETRO FLANGES AND FITTINGS SDN. BHD 175.62 5 12.22 23 28
6 SATUMARIN SDN. BHD. 167.28 7 12.09 25 32
7 INNATECH WASTE MANAGEMENT (LABUAN) SDN. BHD. 246.58 2 10.60 32 34
7 SINBERY CORPORATION SDN. BHD. 63.63 33 53.18 1 34
9 PERFECT EMERALD SDN. BHD. 66.45 31 15.75 14 45
10 SA FOURTHTRADE SDN. BHD. 97.15 20 11.62 28 48
11 TIGER OILFIELD SERVICES (M) SDN. BHD. 61.07 35 13.09 21 56
12 MORE HORIZON SDN. BHD. 80.22 25 10.38 35 60
13 DAYA BUMIMAJU SDN. BHD. 57.70 36 11.80 27 63
13 2H OFFSHORE ENGINEERING SDN. BHD. 36.99 57 25.20 6 63
15 NADI MARINE SDN. BHD. 91.47 23 8.24 43 66
16 DOMINANT ENERGY SDN. BHD. 125.31 14 6.08 54 68
17 TR ENGINEERING AND TRADING SDN. BHD. 39.02 53 13.66 18 71
18 ENERGY WORKFORCE ENGINEERING (M) SDN. BHD. 95.01 22 6.45 50 72
18 VOSS ENGINEERING SDN. BHD. 61.54 34 9.50 38 72
20 REVMAX ENGINEERING SDN. BHD. 102.55 18 6.03 55 73
21 ZHR GLOBAL SDN. BHD. 103.26 17 5.28 58 75
22 BRAEMAR TECHNICAL SERVICES (OFFSHORE) SDN. BHD. 26.01 72 31.73 4 76
23 DYNA SEGMEN SDN. BHD. 108.57 16 5.04 62 78
24 PETROLEC RESOURCES SDN. BHD. 175.04 6 3.93 75 81
24 STORK TECHNICAL SERVICES MALAYSIA SDN. BHD. 27.32 68 16.17 13 81
26 SEQU OFFSHORE SAFETY SDN. BHD. 23.27 78 23.02 7 85
27 GEOPREMIUM SDN. BHD. 165.74 8 3.71 78 86
28 GRAHATECHS RESOURCES SDN. BHD. 43.92 47 8.68 42 89
28 SIGMA SETIA SDN. BHD. 35.78 59 10.90 30 89
30 PETRO PRECISION SDN. BHD. 118.05 15 3.85 77 92
30 RB PLANT SERVICES SDN. BHD. 54.39 40 6.15 52 92
32 PRORED ENERGY RESOURCES SDN. BHD. 151.59 9 3.25 85 94
33 PEGASUS ASIA PACIFIC SDN. BHD. 26.21 71 12.19 24 95
34 NUSANTARA TEST SERVICES SDN. BHD. 17.37 96 32.65 3 99
35 JINORA CORPORATION SDN. BHD. 101.73 19 3.42 81 100
35 SIRAGA MALAYSIA SDN. BHD. 69.01 30 4.34 70 100
37 EET ENGINEERING SERVICES SDN. BHD. 17.13 97 28.93 5 102
38 DATA INTELEK SDN. BHD. 48.25 44 5.17 59 103
38 DATUMI SDN. BHD. 28.17 67 10.21 36 103
40 FUGRO GLOBAL ENVIRONMENTAL & OCEAN SCIENCES SDN. BHD. 34.77 60 8.22 44 104
40 PROEIGHT SDN. BHD. 19.53 87 13.66 17 104
42 ASIA LAB (M) SDN. BHD. 18.60 91 14.34 15 106
43 SIEGER ENGINEERING SDN. BHD. 76.20 26 3.18 86 112
43 PETROKAPAL SDN. BHD. 55.95 39 4.14 73 112
43 KEJURUTERAAN ESCON SDN. BHD. 15.17 104 20.76 8 112
DECOM
(more on next page)
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Group Services Modus Operandi Products Modus Operandi
Self-Operated, Rig Owner-Operator, Vessel Owner-Operator Manufacturer, Fabricator
Rig Operator, Vessel Operator Assembler, Chemical Blender, Packager, System Integrator
Agent Dealer, Buying Arm
DECOM
5
SME GROW RANKINGS & CATEGORIES
FinalRank Company Name
3-Year Revenue
CAGR(%)
Rank A
3-Year PBT Margin
Average(%)
Rank B
Rank A +
Rank BEXPLORATION DEVELOPMENT PRODUCTION PRODUCTS
46 POWER BOOSTER ENGINEERING & MAINTENANCE SDN. BHD. 52.21 41 4.21 72 113
47 INNOPEAK (M) SDN. BHD. 71.79 29 3.07 88 117
47 PERMAI PRESTIJ SDN. BHD. 32.99 64 6.12 53 117
49 ARMADA TPCE SDN. BHD. 27.05 69 6.65 49 118
50 BUMITECH INSPECTION & SERVICES SDN. BHD. 37.46 56 4.72 65 121
51 SEA HORSE SERVICES SDN. BHD. 34.62 61 4.94 63 124
52 NUSANTARA TECHNOLOGIES SDN. BHD. 13.21 114 17.29 12 126
53 CORROSION INSPECTION & INTEGRITY SERVICES SDN. BHD. 87.03 24 2.23 103 127
54 REACH INTEGRATED SDN. BHD. 56.73 38 2.98 90 128
55 UNSUR HEBAT SDN. BHD. 128.22 12 1.48 119 131
56 BICARA SEPAKAT SDN. BHD. 127.08 13 1.46 121 134
57 SYARIKAT TRANS ISMOR ENGINEERING SDN. BHD. 25.66 73 4.77 64 137
58 YASMIN ENGINEERING (M) SDN. BHD. 14.58 110 10.55 33 143
59 DINARVENTURES SDN. BHD. 74.80 27 1.47 120 147
60 ORBIT ENGINEERING & MAINTENANCE SERVICES SDN. BHD. 48.28 43 2.06 106 149
60 TOPAZ INTEGRATED TECHNOLOGY SDN. BHD. 26.51 70 3.60 79 149
60 ATLAS MERGER SDN. BHD. 19.24 88 5.13 61 149
60 PETRO-EXCEL SDN. BHD. 11.36 123 11.93 26 149
64 MAGNA-MITRE SDN. BHD. 5.94 142 18.97 9 151
65 INTO SOLUTIONS SDN. BHD. 37.89 55 2.72 97 152
65 SAFE-LINE SOLUTION SDN. BHD. 7.90 133 13.49 19 152
67 REGALPAC SDN. BHD. 6.69 139 14.02 16 155
68 SENSE SERVICES SDN. BHD. 18.74 90 4.69 66 156
68 INNOVATIVE OILFIELD SERVICES SDN. BHD. 11.75 122 10.46 34 156
70 BUDIMAN INSPECTION SDN. BHD. 96.28 21 1.04 136 157
70 VISION ONE SDN. BHD. 45.71 46 1.75 111 157
70 JURUKUR SETIA SDN. BHD. 14.51 112 7.46 45 157
73 INVERSYS CORPORATION SDN. BHD. 25.10 76 3.42 82 158
74 PRO-QASEH TECHNIQUE SDN. BHD. 72.06 28 1.17 132 160
75 TITANIA ONE SDN. BHD. 57.24 37 1.39 124 161
76 ZIELMARK SDN. BHD. 199.18 3 0.37 159 162
77 ENERGY QUEST SDN. BHD. 15.12 105 5.14 60 165
77 EXPET CONTROLS SDN. BHD. 12.47 119 7.07 46 165
77 AIROCEANIC EXPRESS SDN. BHD. 9.32 128 9.69 37 165
80 GLOBAL TEAMS RESOURCES SDN. BHD. 39.39 52 1.59 115 167
80 INTEGRATED PROCESS SOLUTIONS SDN. BHD. 33.62 62 2.09 105 167
82 KEMUNCAK ENGINEERING SUPPLIES SDN. BHD. 15.83 101 4.56 68 169
83 MERANG ENGINEERING SDN. BHD. 25.54 75 2.78 95 170
83 ANTAMAHIR SDN. BHD. 6.00 141 11.52 29 170
85 MAYSVILLE SDN. BHD. 22.04 84 3.12 87 171
85 SVTT RESOURCES SDN. BHD. 12.17 120 6.30 51 171
87 ATZ CONSULT SDN. BHD. 1.60 161 17.99 11 172
87 ACME CHEMICALS (M) SDN. BHD. 13.13 115 5.38 57 172
89 PETROSEAL ENGINEERING SDN. BHD. 42.31 48 1.31 126 174
89 ERAQUIP SDN. BHD. 40.73 51 1.41 123 174
SME GROW RANKINGS & CATEGORIES (cont'd)
Geo
log
ical
/ R
eser
voir
Geo
phy
sica
l Ser
vice
s
Fiel
d D
evel
opm
ent
/
Res
evoi
r M
anag
emen
t Se
rvic
es
Pro
ject
Man
agem
ent
Con
sult
ancy
Eng
inee
ring
Con
sult
ancy
HSE
Con
sult
ancy
Geo
phy
sica
l Con
sult
ancy
Pro
duc
tion
/ U
pst
ream
Con
sult
ancy
Geo
mat
ics
Serv
ices
QA
/ Q
C S
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ces
Bui
ldin
g D
esig
n
Maj
or P
latf
orm
Fab
rica
tor
Min
or P
latf
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Fab
rica
tor
Ons
hore
Con
stru
ctio
n
Ons
hore
Tan
k Fa
cilit
ies
Off
shor
e C
onst
ruct
ions
Off
shor
e Su
pp
ort
Ves
sel C
ontr
acto
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Pip
elin
e In
stal
lati
on C
ontr
acto
r
FSO
/ F
PSO
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ner
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per
ator
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ontr
acto
r
Sub
sea
Dri
lling
Rig
s
Dri
lling
Ser
vice
s
Wel
l Ser
vice
s /
Wel
l Com
ple
tion
s
Lab
Ser
vice
s
Mai
nten
ance
- P
ipin
g &
Val
ve /
Str
uctu
ral
Mai
nten
ance
- E
& I
Mai
nten
ance
- M
echa
nica
l (R
otat
ing
)
Mai
nten
ance
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echa
nica
l (St
atic
)
Mai
nten
ance
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ipel
ine
Mai
nten
ance
- S
afet
y Eq
uip
men
t
Min
or F
abri
cati
on &
Rep
air
Und
erw
ater
Ser
vice
s
Ass
et In
teg
rity
Ser
vice
s
Hea
lth,
Saf
ety,
Env
iron
men
t (H
SE)
& S
ecur
ity
Man
pow
er S
ervi
ces
Env
iron
men
tal C
lean
-Up
/ W
aste
Dis
pos
al
Mar
ine
Ves
sel S
ervi
ces
Hel
icop
ter
/ A
ir T
rans
por
tati
on S
ervi
ces
Land
Tra
nsp
orta
tion
Ser
vice
s
War
ehou
sing
& S
tora
ge
Serv
ices
Car
go
Tank
ers
Dec
omm
issi
onin
g C
ontr
acto
r
Che
mic
als
Sup
ply
and
Ser
vice
s
Sub
sea
Dri
lling
Eq
uip
men
t
Ele
ctri
cal
HVA
C
ICT
Inst
rum
enta
tion
Insu
lati
on
Mar
ine
Syst
em
Mec
hani
cal
Pip
elin
es
Ris
er
Rot
atin
g E
qui
pm
ents
Safe
ty S
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m
Stru
ctur
al
Tran
spor
tati
ons
Val
ves
War
ehou
se E
qui
pm
ent
Was
te H
and
ling
Wor
ksho
p T
ools
(continued from previous page)
6
SME GROW FY2014
FinalRank Company Name
3-Year Revenue
CAGR(%)
Rank A
3-Year PBT Margin
Average(%)
Rank B
Rank A +
Rank BEXPLORATION DEVELOPMENT PRODUCTION PRODUCTS
46 POWER BOOSTER ENGINEERING & MAINTENANCE SDN. BHD. 52.21 41 4.21 72 113
47 INNOPEAK (M) SDN. BHD. 71.79 29 3.07 88 117
47 PERMAI PRESTIJ SDN. BHD. 32.99 64 6.12 53 117
49 ARMADA TPCE SDN. BHD. 27.05 69 6.65 49 118
50 BUMITECH INSPECTION & SERVICES SDN. BHD. 37.46 56 4.72 65 121
51 SEA HORSE SERVICES SDN. BHD. 34.62 61 4.94 63 124
52 NUSANTARA TECHNOLOGIES SDN. BHD. 13.21 114 17.29 12 126
53 CORROSION INSPECTION & INTEGRITY SERVICES SDN. BHD. 87.03 24 2.23 103 127
54 REACH INTEGRATED SDN. BHD. 56.73 38 2.98 90 128
55 UNSUR HEBAT SDN. BHD. 128.22 12 1.48 119 131
56 BICARA SEPAKAT SDN. BHD. 127.08 13 1.46 121 134
57 SYARIKAT TRANS ISMOR ENGINEERING SDN. BHD. 25.66 73 4.77 64 137
58 YASMIN ENGINEERING (M) SDN. BHD. 14.58 110 10.55 33 143
59 DINARVENTURES SDN. BHD. 74.80 27 1.47 120 147
60 ORBIT ENGINEERING & MAINTENANCE SERVICES SDN. BHD. 48.28 43 2.06 106 149
60 TOPAZ INTEGRATED TECHNOLOGY SDN. BHD. 26.51 70 3.60 79 149
60 ATLAS MERGER SDN. BHD. 19.24 88 5.13 61 149
60 PETRO-EXCEL SDN. BHD. 11.36 123 11.93 26 149
64 MAGNA-MITRE SDN. BHD. 5.94 142 18.97 9 151
65 INTO SOLUTIONS SDN. BHD. 37.89 55 2.72 97 152
65 SAFE-LINE SOLUTION SDN. BHD. 7.90 133 13.49 19 152
67 REGALPAC SDN. BHD. 6.69 139 14.02 16 155
68 SENSE SERVICES SDN. BHD. 18.74 90 4.69 66 156
68 INNOVATIVE OILFIELD SERVICES SDN. BHD. 11.75 122 10.46 34 156
70 BUDIMAN INSPECTION SDN. BHD. 96.28 21 1.04 136 157
70 VISION ONE SDN. BHD. 45.71 46 1.75 111 157
70 JURUKUR SETIA SDN. BHD. 14.51 112 7.46 45 157
73 INVERSYS CORPORATION SDN. BHD. 25.10 76 3.42 82 158
74 PRO-QASEH TECHNIQUE SDN. BHD. 72.06 28 1.17 132 160
75 TITANIA ONE SDN. BHD. 57.24 37 1.39 124 161
76 ZIELMARK SDN. BHD. 199.18 3 0.37 159 162
77 ENERGY QUEST SDN. BHD. 15.12 105 5.14 60 165
77 EXPET CONTROLS SDN. BHD. 12.47 119 7.07 46 165
77 AIROCEANIC EXPRESS SDN. BHD. 9.32 128 9.69 37 165
80 GLOBAL TEAMS RESOURCES SDN. BHD. 39.39 52 1.59 115 167
80 INTEGRATED PROCESS SOLUTIONS SDN. BHD. 33.62 62 2.09 105 167
82 KEMUNCAK ENGINEERING SUPPLIES SDN. BHD. 15.83 101 4.56 68 169
83 MERANG ENGINEERING SDN. BHD. 25.54 75 2.78 95 170
83 ANTAMAHIR SDN. BHD. 6.00 141 11.52 29 170
85 MAYSVILLE SDN. BHD. 22.04 84 3.12 87 171
85 SVTT RESOURCES SDN. BHD. 12.17 120 6.30 51 171
87 ATZ CONSULT SDN. BHD. 1.60 161 17.99 11 172
87 ACME CHEMICALS (M) SDN. BHD. 13.13 115 5.38 57 172
89 PETROSEAL ENGINEERING SDN. BHD. 42.31 48 1.31 126 174
89 ERAQUIP SDN. BHD. 40.73 51 1.41 123 174
DECOM
Geo
log
ical
/ R
eser
voir
Geo
phy
sica
l Ser
vice
s
Fiel
d D
evel
opm
ent
/
Res
evoi
r M
anag
emen
t Se
rvic
es
Pro
ject
Man
agem
ent
Con
sult
ancy
Eng
inee
ring
Con
sult
ancy
HSE
Con
sult
ancy
Geo
phy
sica
l Con
sult
ancy
Pro
duc
tion
/ U
pst
ream
Con
sult
ancy
Geo
mat
ics
Serv
ices
QA
/ Q
C S
ervi
ces
Bui
ldin
g D
esig
n
Maj
or P
latf
orm
Fab
rica
tor
Min
or P
latf
orm
Fab
rica
tor
Ons
hore
Con
stru
ctio
n
Ons
hore
Tan
k Fa
cilit
ies
Off
shor
e C
onst
ruct
ions
Off
shor
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pp
ort
Ves
sel C
ontr
acto
r
Pip
elin
e In
stal
lati
on C
ontr
acto
r
FSO
/ F
PSO
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ner
/ O
per
ator
/ C
ontr
acto
r
Sub
sea
Dri
lling
Rig
s
Dri
lling
Ser
vice
s
Wel
l Ser
vice
s /
Wel
l Com
ple
tion
s
Lab
Ser
vice
s
Mai
nten
ance
- P
ipin
g &
Val
ve /
Str
uctu
ral
Mai
nten
ance
- E
& I
Mai
nten
ance
- M
echa
nica
l (R
otat
ing
)
Mai
nten
ance
- M
echa
nica
l (St
atic
)
Mai
nten
ance
- P
ipel
ine
Mai
nten
ance
- S
afet
y Eq
uip
men
t
Min
or F
abri
cati
on &
Rep
air
Und
erw
ater
Ser
vice
s
Ass
et In
teg
rity
Ser
vice
s
Hea
lth,
Saf
ety,
Env
iron
men
t (H
SE)
& S
ecur
ity
Man
pow
er S
ervi
ces
Env
iron
men
tal C
lean
-Up
/ W
aste
Dis
pos
al
Mar
ine
Ves
sel S
ervi
ces
Hel
icop
ter
/ A
ir T
rans
por
tati
on S
ervi
ces
Land
Tra
nsp
orta
tion
Ser
vice
s
War
ehou
sing
& S
tora
ge
Serv
ices
Car
go
Tank
ers
Dec
omm
issi
onin
g C
ontr
acto
r
Che
mic
als
Sup
ply
and
Ser
vice
s
Sub
sea
Dri
lling
Eq
uip
men
t
Ele
ctri
cal
HVA
C
ICT
Inst
rum
enta
tion
Insu
lati
on
Mar
ine
Syst
em
Mec
hani
cal
Pip
elin
es
Ris
er
Rot
atin
g E
qui
pm
ents
Safe
ty S
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ons
Val
ves
War
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se E
qui
pm
ent
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te H
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ling
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ksho
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ools
(more on next page)Group Services Modus Operandi Products Modus Operandi
Self-Operated, Rig Owner-Operator, Vessel Owner-Operator Manufacturer, Fabricator
Rig Operator, Vessel Operator Assembler, Chemical Blender, Packager, System Integrator
Agent Dealer, Buying Arm
7
SME GROW RANKINGS & CATEGORIES
FinalRank Company Name
3-Year Revenue
CAGR(%)
Rank A
3-Year PBT Margin
Average (%)
Rank B
Rank A +
Rank BEXPLORATION DEVELOPMENT PRODUCTION PRODUCTS
91 BAYTECH RESOURCES SDN. BHD. 16.55 99 3.92 76 175
92 ALFA-MELI OILFIELD SERVICES SDN. BHD. 22.05 83 2.80 93 176
93 EV OILFIELD SUPPLY & SERVICES SDN. BHD. 22.41 82 2.75 96 178
94 INFO-TRAX SDN. BHD. 28.76 66 1.73 113 179
95 URBAN ENVIRONMENTAL INDUSTRIES SDN. BHD. 4.78 149 10.83 31 180
96 NUFA ENGINEERING & CONSULTANCY SDN. BHD. 31.32 65 1.56 116 181
96 SAYBOLT (M) SDN. BHD. 14.88 107 4.07 74 181
98 ENERGY INTELLIGENT SDN. BHD. 25.59 74 2.01 108 182
99 ENVITHRIVE SDN. BHD. 64.88 32 0.57 151 183
100 ESTEEM ENERGY ENGINEERING SDN. BHD. 12.90 118 4.43 69 187
101 TEGAS KOMBINASI TEKNOLOGI SDN. BHD. 4.87 148 9.28 40 188
101 NADI CONSULT ERA SDN. BHD. 6.15 140 6.75 48 188
103 RELIACRAFT ENGINEERING SDN. BHD. 4.27 151 9.30 39 190
104 RMSSB ENGINEERING & SERVICES SDN. BHD. 46.89 45 0.74 147 192
104 VEST DISTINCTION (M) SDN. BHD. 14.80 108 3.28 84 192
106 PASCA BINA SDN. BHD. 41.38 49 0.83 144 193
106 PREMIER REGIONAL POWER (M) SDN. BHD. 19.60 86 2.03 107 193
108 JAKAR MACHINERY SDN. BHD. 20.45 85 1.86 109 194
108 SIRIM STANDARDS TECHNOLOGY SDN. BHD. 3.99 153 9.23 41 194
110 AMTECH CHEMICAL SDN. BHD. 22.88 79 1.51 117 196
111 VALORAZ SDN. BHD. 12.95 117 3.55 80 197
112 MORECAP SDN. BHD. 51.88 42 0.33 160 202
112 NUR FAJAR GEMILANG SDN. BHD. 16.62 98 2.22 104 202
114 ALIF DIAMOND (M) SDN. BHD. 14.53 111 2.80 94 205
115 DESA 7 RESOURCES (M) SDN. BHD. 38.38 54 0.53 153 207
115 NEW SIGN LOGISTICS (M) SDN. BHD. 7.24 136 4.21 71 207
117 HADID ENGINEERING (M) SDN. BHD. 22.53 81 1.24 128 209
118 LATENT GLOBAL (M) SDN. BHD. 24.84 77 1.15 133 210
118 PETROTECH GLOBAL SDN. BHD. 3.87 154 6.03 56 210
120 BROADGATE ENGINEERING (M) SDN. BHD. 41.01 50 0.19 162 212
120 SYARIKAT SETIA TANJONG SDN. BHD. 5.20 145 4.68 67 212
120 ASAS GRUPPEN SDN. BHD. 0.29 165 6.80 47 212
123 TEROKA JAYA SDN. BHD. 35.90 58 0.48 155 213
124 IPEC ENGINEERING (M) SDN. BHD. 33.00 63 0.52 154 217
125 GEOINFO SERVICES SDN. BHD. 10.68 126 2.48 99 225
126 SALUTARY AVENUE MANUFACTURING SERVICES SDN. BHD. 7.38 134 2.90 92 226
127 ANR SDN. BHD. 8.77 130 241 100 230
128 ADVANCE ENERGY SDN. BHD. 17.87 92 1.01 139 231
129 SHIPS CLASSIFICATION (M) SDN. BHD. 5.58 144 2.96 91 235
130 TENAGA-TECH (M) SDN. BHD. 15.08 106 1.19 130 236
130 CONSTRUCTION & INDUSTRIAL SAFETY TRAINING CENTRE SDN. BHD. 4.90 147 3.04 89 236
132 DYNACORAL OIL & GAS SDN. BHD. 19.05 89 0.71 148 237
133 OIL & GAS MANAGEMENT (M) SDN. BHD. 22.66 80 0.37 158 238
134 M.A. AZIZAN HOLDING (M) SDN. BHD. 15.22 103 1.03 138 241
134 JORD MALAYSIA SDN. BHD. 8.61 131 1.78 110 241
136 INTEGRATED WELL SERVICES SDN. BHD. 1.77 160 3.38 83 243
137 STAR TECHNOLOGY INDUSTRIAL CORPORATION SDN. BHD. 15.79 102 0.90 142 244
137 MAJU SENJA SDN. BHD. 14.23 113 1.19 131 244
137 CR ASIA (M) SDN. BHD. 5.13 146 2.69 98 244
140 ASIA-JUTA RESOURCES SDN. BHD. 17.73 93 0.55 152 245
Geo
log
ical
/ R
eser
voir
Geo
phy
sica
l Ser
vice
s
Fiel
d D
evel
opm
ent
/
Res
evoi
r M
anag
emen
t Se
rvic
es
Pro
ject
Man
agem
ent
Con
sult
ancy
Eng
inee
ring
Con
sult
ancy
HSE
Con
sult
ancy
Geo
phy
sica
l Con
sult
ancy
Pro
duc
tion
/ U
pst
ream
Con
sult
ancy
Geo
mat
ics
Serv
ices
QA
/ Q
C S
ervi
ces
Bui
ldin
g D
esig
n
Maj
or P
latf
orm
Fab
rica
tor
Min
or P
latf
orm
Fab
rica
tor
Ons
hore
Con
stru
ctio
n
Ons
hore
Tan
k Fa
cilit
ies
Off
shor
e C
onst
ruct
ions
Off
shor
e Su
pp
ort
Ves
sel C
ontr
acto
r
Pip
elin
e In
stal
lati
on C
ontr
acto
r
FSO
/ F
PSO
Ow
ner
/ O
per
ator
/ C
ontr
acto
r
Sub
sea
Dri
lling
Rig
s
Dri
lling
Ser
vice
s
Wel
l Ser
vice
s /
Wel
l Com
ple
tion
s
Lab
Ser
vice
s
Mai
nten
ance
- P
ipin
g &
Val
ve /
Str
uctu
ral
Mai
nten
ance
- E
& I
Mai
nten
ance
- M
echa
nica
l (R
otat
ing
)
Mai
nten
ance
- M
echa
nica
l (St
atic
)
Mai
nten
ance
- P
ipel
ine
Mai
nten
ance
- S
afet
y Eq
uip
men
t
Min
or F
abri
cati
on &
Rep
air
Und
erw
ater
Ser
vice
s
Ass
et In
teg
rity
Ser
vice
s
Hea
lth,
Saf
ety,
Env
iron
men
t (H
SE)
& S
ecur
ity
Man
pow
er S
ervi
ces
Env
iron
men
tal C
lean
-Up
/ W
aste
Dis
pos
al
Mar
ine
Ves
sel S
ervi
ces
Hel
icop
ter
/ A
ir T
rans
por
tati
on S
ervi
ces
Land
Tra
nsp
orta
tion
Ser
vice
s
War
ehou
sing
& S
tora
ge
Serv
ices
Car
go
Tank
ers
Dec
omm
issi
onin
g C
ontr
acto
r
Che
mic
als
Sup
ply
and
Ser
vice
s
Sub
sea
Dri
lling
Eq
uip
men
t
Ele
ctri
cal
HVA
C
ICT
Inst
rum
enta
tion
Insu
lati
on
Mar
ine
Syst
em
Mec
hani
cal
Pip
elin
es
Ris
er
Rot
atin
g E
qui
pm
ents
Safe
ty S
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m
Stru
ctur
al
Tran
spor
tati
ons
Val
ves
War
ehou
se E
qui
pm
ent
Was
te H
and
ling
Wor
ksho
p T
ools
SME GROW RANKINGS & CATEGORIES (cont'd)
(continued from previous page)
8
SME GROW FY2014
FinalRank Company Name
3-Year Revenue
CAGR(%)
Rank A
3-Year PBT Margin
Average (%)
Rank B
Rank A +
Rank BEXPLORATION DEVELOPMENT PRODUCTION PRODUCTS
91 BAYTECH RESOURCES SDN. BHD. 16.55 99 3.92 76 175
92 ALFA-MELI OILFIELD SERVICES SDN. BHD. 22.05 83 2.80 93 176
93 EV OILFIELD SUPPLY & SERVICES SDN. BHD. 22.41 82 2.75 96 178
94 INFO-TRAX SDN. BHD. 28.76 66 1.73 113 179
95 URBAN ENVIRONMENTAL INDUSTRIES SDN. BHD. 4.78 149 10.83 31 180
96 NUFA ENGINEERING & CONSULTANCY SDN. BHD. 31.32 65 1.56 116 181
96 SAYBOLT (M) SDN. BHD. 14.88 107 4.07 74 181
98 ENERGY INTELLIGENT SDN. BHD. 25.59 74 2.01 108 182
99 ENVITHRIVE SDN. BHD. 64.88 32 0.57 151 183
100 ESTEEM ENERGY ENGINEERING SDN. BHD. 12.90 118 4.43 69 187
101 TEGAS KOMBINASI TEKNOLOGI SDN. BHD. 4.87 148 9.28 40 188
101 NADI CONSULT ERA SDN. BHD. 6.15 140 6.75 48 188
103 RELIACRAFT ENGINEERING SDN. BHD. 4.27 151 9.30 39 190
104 RMSSB ENGINEERING & SERVICES SDN. BHD. 46.89 45 0.74 147 192
104 VEST DISTINCTION (M) SDN. BHD. 14.80 108 3.28 84 192
106 PASCA BINA SDN. BHD. 41.38 49 0.83 144 193
106 PREMIER REGIONAL POWER (M) SDN. BHD. 19.60 86 2.03 107 193
108 JAKAR MACHINERY SDN. BHD. 20.45 85 1.86 109 194
108 SIRIM STANDARDS TECHNOLOGY SDN. BHD. 3.99 153 9.23 41 194
110 AMTECH CHEMICAL SDN. BHD. 22.88 79 1.51 117 196
111 VALORAZ SDN. BHD. 12.95 117 3.55 80 197
112 MORECAP SDN. BHD. 51.88 42 0.33 160 202
112 NUR FAJAR GEMILANG SDN. BHD. 16.62 98 2.22 104 202
114 ALIF DIAMOND (M) SDN. BHD. 14.53 111 2.80 94 205
115 DESA 7 RESOURCES (M) SDN. BHD. 38.38 54 0.53 153 207
115 NEW SIGN LOGISTICS (M) SDN. BHD. 7.24 136 4.21 71 207
117 HADID ENGINEERING (M) SDN. BHD. 22.53 81 1.24 128 209
118 LATENT GLOBAL (M) SDN. BHD. 24.84 77 1.15 133 210
118 PETROTECH GLOBAL SDN. BHD. 3.87 154 6.03 56 210
120 BROADGATE ENGINEERING (M) SDN. BHD. 41.01 50 0.19 162 212
120 SYARIKAT SETIA TANJONG SDN. BHD. 5.20 145 4.68 67 212
120 ASAS GRUPPEN SDN. BHD. 0.29 165 6.80 47 212
123 TEROKA JAYA SDN. BHD. 35.90 58 0.48 155 213
124 IPEC ENGINEERING (M) SDN. BHD. 33.00 63 0.52 154 217
125 GEOINFO SERVICES SDN. BHD. 10.68 126 2.48 99 225
126 SALUTARY AVENUE MANUFACTURING SERVICES SDN. BHD. 7.38 134 2.90 92 226
127 ANR SDN. BHD. 8.77 130 241 100 230
128 ADVANCE ENERGY SDN. BHD. 17.87 92 1.01 139 231
129 SHIPS CLASSIFICATION (M) SDN. BHD. 5.58 144 2.96 91 235
130 TENAGA-TECH (M) SDN. BHD. 15.08 106 1.19 130 236
130 CONSTRUCTION & INDUSTRIAL SAFETY TRAINING CENTRE SDN. BHD. 4.90 147 3.04 89 236
132 DYNACORAL OIL & GAS SDN. BHD. 19.05 89 0.71 148 237
133 OIL & GAS MANAGEMENT (M) SDN. BHD. 22.66 80 0.37 158 238
134 M.A. AZIZAN HOLDING (M) SDN. BHD. 15.22 103 1.03 138 241
134 JORD MALAYSIA SDN. BHD. 8.61 131 1.78 110 241
136 INTEGRATED WELL SERVICES SDN. BHD. 1.77 160 3.38 83 243
137 STAR TECHNOLOGY INDUSTRIAL CORPORATION SDN. BHD. 15.79 102 0.90 142 244
137 MAJU SENJA SDN. BHD. 14.23 113 1.19 131 244
137 CR ASIA (M) SDN. BHD. 5.13 146 2.69 98 244
140 ASIA-JUTA RESOURCES SDN. BHD. 17.73 93 0.55 152 245
DECOM
Geo
log
ical
/ R
eser
voir
Geo
phy
sica
l Ser
vice
s
Fiel
d D
evel
opm
ent
/
Res
evoi
r M
anag
emen
t Se
rvic
es
Pro
ject
Man
agem
ent
Con
sult
ancy
Eng
inee
ring
Con
sult
ancy
HSE
Con
sult
ancy
Geo
phy
sica
l Con
sult
ancy
Pro
duc
tion
/ U
pst
ream
Con
sult
ancy
Geo
mat
ics
Serv
ices
QA
/ Q
C S
ervi
ces
Bui
ldin
g D
esig
n
Maj
or P
latf
orm
Fab
rica
tor
Min
or P
latf
orm
Fab
rica
tor
Ons
hore
Con
stru
ctio
n
Ons
hore
Tan
k Fa
cilit
ies
Off
shor
e C
onst
ruct
ions
Off
shor
e Su
pp
ort
Ves
sel C
ontr
acto
r
Pip
elin
e In
stal
lati
on C
ontr
acto
r
FSO
/ F
PSO
Ow
ner
/ O
per
ator
/ C
ontr
acto
r
Sub
sea
Dri
lling
Rig
s
Dri
lling
Ser
vice
s
Wel
l Ser
vice
s /
Wel
l Com
ple
tion
s
Lab
Ser
vice
s
Mai
nten
ance
- P
ipin
g &
Val
ve /
Str
uctu
ral
Mai
nten
ance
- E
& I
Mai
nten
ance
- M
echa
nica
l (R
otat
ing
)
Mai
nten
ance
- M
echa
nica
l (St
atic
)
Mai
nten
ance
- P
ipel
ine
Mai
nten
ance
- S
afet
y Eq
uip
men
t
Min
or F
abri
cati
on &
Rep
air
Und
erw
ater
Ser
vice
s
Ass
et In
teg
rity
Ser
vice
s
Hea
lth,
Saf
ety,
Env
iron
men
t (H
SE)
& S
ecur
ity
Man
pow
er S
ervi
ces
Env
iron
men
tal C
lean
-Up
/ W
aste
Dis
pos
al
Mar
ine
Ves
sel S
ervi
ces
Hel
icop
ter
/ A
ir T
rans
por
tati
on S
ervi
ces
Land
Tra
nsp
orta
tion
Ser
vice
s
War
ehou
sing
& S
tora
ge
Serv
ices
Car
go
Tank
ers
Dec
omm
issi
onin
g C
ontr
acto
r
Che
mic
als
Sup
ply
and
Ser
vice
s
Sub
sea
Dri
lling
Eq
uip
men
t
Ele
ctri
cal
HVA
C
ICT
Inst
rum
enta
tion
Insu
lati
on
Mar
ine
Syst
em
Mec
hani
cal
Pip
elin
es
Ris
er
Rot
atin
g E
qui
pm
ents
Safe
ty S
yste
m
Stru
ctur
al
Tran
spor
tati
ons
Val
ves
War
ehou
se E
qui
pm
ent
Was
te H
and
ling
Wor
ksho
p T
ools
(more on next page)Group Services Modus Operandi Products Modus Operandi
Self-Operated, Rig Owner-Operator, Vessel Owner-Operator Manufacturer, Fabricator
Rig Operator, Vessel Operator Assembler, Chemical Blender, Packager, System Integrator
Agent Dealer, Buying Arm
9
SME GROW RANKINGS & CATEGORIES
FinalRank Company Name
3-Year Revenue
CAGR(%)
Rank A
3-Year PBT Margin
Average(%)
Rank B
Rank A +
Rank BEXPLORATION DEVELOPMENT PRODUCTION PRODUCTS
141 TESTEX (M) SDN. BHD. 16.19 100 0.78 146 246
142 STAR KRIS SERVICES SDN. BHD. 13.00 116 1.05 135 251
143 RHS TECH CORPORATION SDN. BHD. 14.72 109 0.87 143 252
144 EXTECHPRO (M) SDN. BHD. 10.96 125 1.21 129 254
145 SEJAPAC SDN. BHD. 12.16 121 1.10 134 255
146 PME CONSTRUCTION & SERVICES SDN. BHD. 17.67 94 0.09 165 259
146 EUREKA EFEKTIF SDN. BHD. 17.44 95 0.12 164 259
146 QUARTERBACK SERVICES SDN. BHD. 3.50 157 2.36 102 259
149 VIEWMAN ENGINEERING SDN. BHD. 6.70 138 1.46 122 260
150 MAA BERKAT ENTERPRISE SDN. BHD. 11.17 124 0.97 140 264
150 RIA SOLUTIONS (M) SDN. BHD. 4.27 152 1.75 112 264
152 INFO-MATIC POWER SDN. BHD. 0.42 164 2.40 101 265
153 CAIDMARK SDN. BHD. 4.46 150 1.36 125 275
154 EASTERN GLOBAL SYSTEMS (M) SDN. BHD. 7.25 135 0.96 141 276
154 AMS ENGINEERING SDN. BHD. 1.25 162 1.73 114 276
156 CQ INSPEC SDN. BHD. 2.02 159 1.49 118 277
157 A.F. CONDITION MONITORING (M) SDN. BHD. 8.81 129 0.58 150 279
158 INTRA HARTA CONSULTANTS SDN. BHD. 5.63 143 1.04 137 280
159 LJ INSPECTION AND SERVICES SDN. BHD. 3.80 155 1.29 127 282
160 OFFSHORE DIGITAL SERVICES SDN. BHD. 7.96 132 0.37 157 289
161 SCRAP COMPUTER TRADING SDN. BHD. 10.52 127 0.13 163 290
162 NORTH BLAZE (M) SDN. BHD. 6.72 137 0.45 156 293
163 MNB ENGINEERING SDN. BHD. 2.04 158 0.82 145 303
164 LIAZ SERVICES SDN. BHD. 0.98 163 0.63 149 312
165 AST LOGISTICS SDN. BHD. 3.79 156 0.30 161 317
(continued from previous page)
Geo
log
ical
/ R
eser
voir
Geo
phy
sica
l Ser
vice
s
Fiel
d D
evel
opm
ent
/
Res
evoi
r M
anag
emen
t Se
rvic
es
Pro
ject
Man
agem
ent
Con
sult
ancy
Eng
inee
ring
Con
sult
ancy
HSE
Con
sult
ancy
Geo
phy
sica
l Con
sult
ancy
Pro
duc
tion
/ U
pst
ream
Con
sult
ancy
Geo
mat
ics
Serv
ices
QA
/ Q
C S
ervi
ces
Bui
ldin
g D
esig
n
Maj
or P
latf
orm
Fab
rica
tor
Min
or P
latf
orm
Fab
rica
tor
Ons
hore
Con
stru
ctio
n
Ons
hore
Tan
k Fa
cilit
ies
Off
shor
e C
onst
ruct
ions
Off
shor
e Su
pp
ort
Ves
sel C
ontr
acto
r
Pip
elin
e In
stal
lati
on C
ontr
acto
r
FSO
/ F
PSO
Ow
ner
/ O
per
ator
/ C
ontr
acto
r
Sub
sea
Dri
lling
Rig
s
Dri
lling
Ser
vice
s
Wel
l Ser
vice
s /
Wel
l Com
ple
tion
s
Lab
Ser
vice
s
Mai
nten
ance
- P
ipin
g &
Val
ve /
Str
uctu
ral
Mai
nten
ance
- E
& I
Mai
nten
ance
- M
echa
nica
l (R
otat
ing
)
Mai
nten
ance
- M
echa
nica
l (St
atic
)
Mai
nten
ance
- P
ipel
ine
Mai
nten
ance
- S
afet
y Eq
uip
men
t
Min
or F
abri
cati
on &
Rep
air
Und
erw
ater
Ser
vice
s
Ass
et In
teg
rity
Ser
vice
s
Hea
lth,
Saf
ety,
Env
iron
men
t (H
SE)
& S
ecur
ity
Man
pow
er S
ervi
ces
Env
iron
men
tal C
lean
-Up
/ W
aste
Dis
pos
al
Mar
ine
Ves
sel S
ervi
ces
Hel
icop
ter
/ A
ir T
rans
por
tati
on S
ervi
ces
Land
Tra
nsp
orta
tion
Ser
vice
s
War
ehou
sing
& S
tora
ge
Serv
ices
Car
go
Tank
ers
Dec
omm
issi
onin
g C
ontr
acto
r
Che
mic
als
Sup
ply
and
Ser
vice
s
Sub
sea
Dri
lling
Eq
uip
men
t
Ele
ctri
cal
HVA
C
ICT
Inst
rum
enta
tion
Insu
lati
on
Mar
ine
Syst
em
Mec
hani
cal
Pip
elin
es
Ris
er
Rot
atin
g E
qui
pm
ents
Safe
ty S
yste
m
Stru
ctur
al
Tran
spor
tati
ons
Val
ves
War
ehou
se E
qui
pm
ent
Was
te H
and
ling
Wor
ksho
p T
ools
SME GROW RANKINGS & CATEGORIES (cont'd)
10
SME GROW FY2014
FinalRank Company Name
3-Year Revenue
CAGR(%)
Rank A
3-Year PBT Margin
Average(%)
Rank B
Rank A +
Rank BEXPLORATION DEVELOPMENT PRODUCTION PRODUCTS
141 TESTEX (M) SDN. BHD. 16.19 100 0.78 146 246
142 STAR KRIS SERVICES SDN. BHD. 13.00 116 1.05 135 251
143 RHS TECH CORPORATION SDN. BHD. 14.72 109 0.87 143 252
144 EXTECHPRO (M) SDN. BHD. 10.96 125 1.21 129 254
145 SEJAPAC SDN. BHD. 12.16 121 1.10 134 255
146 PME CONSTRUCTION & SERVICES SDN. BHD. 17.67 94 0.09 165 259
146 EUREKA EFEKTIF SDN. BHD. 17.44 95 0.12 164 259
146 QUARTERBACK SERVICES SDN. BHD. 3.50 157 2.36 102 259
149 VIEWMAN ENGINEERING SDN. BHD. 6.70 138 1.46 122 260
150 MAA BERKAT ENTERPRISE SDN. BHD. 11.17 124 0.97 140 264
150 RIA SOLUTIONS (M) SDN. BHD. 4.27 152 1.75 112 264
152 INFO-MATIC POWER SDN. BHD. 0.42 164 2.40 101 265
153 CAIDMARK SDN. BHD. 4.46 150 1.36 125 275
154 EASTERN GLOBAL SYSTEMS (M) SDN. BHD. 7.25 135 0.96 141 276
154 AMS ENGINEERING SDN. BHD. 1.25 162 1.73 114 276
156 CQ INSPEC SDN. BHD. 2.02 159 1.49 118 277
157 A.F. CONDITION MONITORING (M) SDN. BHD. 8.81 129 0.58 150 279
158 INTRA HARTA CONSULTANTS SDN. BHD. 5.63 143 1.04 137 280
159 LJ INSPECTION AND SERVICES SDN. BHD. 3.80 155 1.29 127 282
160 OFFSHORE DIGITAL SERVICES SDN. BHD. 7.96 132 0.37 157 289
161 SCRAP COMPUTER TRADING SDN. BHD. 10.52 127 0.13 163 290
162 NORTH BLAZE (M) SDN. BHD. 6.72 137 0.45 156 293
163 MNB ENGINEERING SDN. BHD. 2.04 158 0.82 145 303
164 LIAZ SERVICES SDN. BHD. 0.98 163 0.63 149 312
165 AST LOGISTICS SDN. BHD. 3.79 156 0.30 161 317
DECOM
Geo
log
ical
/ R
eser
voir
Geo
phy
sica
l Ser
vice
s
Fiel
d D
evel
opm
ent
/
Res
evoi
r M
anag
emen
t Se
rvic
es
Pro
ject
Man
agem
ent
Con
sult
ancy
Eng
inee
ring
Con
sult
ancy
HSE
Con
sult
ancy
Geo
phy
sica
l Con
sult
ancy
Pro
duc
tion
/ U
pst
ream
Con
sult
ancy
Geo
mat
ics
Serv
ices
QA
/ Q
C S
ervi
ces
Bui
ldin
g D
esig
n
Maj
or P
latf
orm
Fab
rica
tor
Min
or P
latf
orm
Fab
rica
tor
Ons
hore
Con
stru
ctio
n
Ons
hore
Tan
k Fa
cilit
ies
Off
shor
e C
onst
ruct
ions
Off
shor
e Su
pp
ort
Ves
sel C
ontr
acto
r
Pip
elin
e In
stal
lati
on C
ontr
acto
r
FSO
/ F
PSO
Ow
ner
/ O
per
ator
/ C
ontr
acto
r
Sub
sea
Dri
lling
Rig
s
Dri
lling
Ser
vice
s
Wel
l Ser
vice
s /
Wel
l Com
ple
tion
s
Lab
Ser
vice
s
Mai
nten
ance
- P
ipin
g &
Val
ve /
Str
uctu
ral
Mai
nten
ance
- E
& I
Mai
nten
ance
- M
echa
nica
l (R
otat
ing
)
Mai
nten
ance
- M
echa
nica
l (St
atic
)
Mai
nten
ance
- P
ipel
ine
Mai
nten
ance
- S
afet
y Eq
uip
men
t
Min
or F
abri
cati
on &
Rep
air
Und
erw
ater
Ser
vice
s
Ass
et In
teg
rity
Ser
vice
s
Hea
lth,
Saf
ety,
Env
iron
men
t (H
SE)
& S
ecur
ity
Man
pow
er S
ervi
ces
Env
iron
men
tal C
lean
-Up
/ W
aste
Dis
pos
al
Mar
ine
Ves
sel S
ervi
ces
Hel
icop
ter
/ A
ir T
rans
por
tati
on S
ervi
ces
Land
Tra
nsp
orta
tion
Ser
vice
s
War
ehou
sing
& S
tora
ge
Serv
ices
Car
go
Tank
ers
Dec
omm
issi
onin
g C
ontr
acto
r
Che
mic
als
Sup
ply
and
Ser
vice
s
Sub
sea
Dri
lling
Eq
uip
men
t
Ele
ctri
cal
HVA
C
ICT
Inst
rum
enta
tion
Insu
lati
on
Mar
ine
Syst
em
Mec
hani
cal
Pip
elin
es
Ris
er
Rot
atin
g E
qui
pm
ents
Safe
ty S
yste
m
Stru
ctur
al
Tran
spor
tati
ons
Val
ves
War
ehou
se E
qui
pm
ent
Was
te H
and
ling
Wor
ksho
p T
ools
Group Services Modus Operandi Products Modus Operandi
Self-Operated, Rig Owner-Operator, Vessel Owner-Operator Manufacturer, Fabricator
Rig Operator, Vessel Operator Assembler, Chemical Blender, Packager, System Integrator
Agent Dealer, Buying Arm
11
SME GROW RANKINGS & CATEGORIES
SME GROW SWEC CATEGORIES60
50
40
30
20
10
0
num
ber
of
com
pan
ies
Geo
log
ical
/ R
eser
voir
Geo
phy
sica
l Ser
vice
s
Fie
ld D
evel
op
men
t /
Res
evo
irM
anag
emen
t Se
rvic
es
Pro
ject
Man
agem
ent
Co
nsul
tanc
y
Eng
inee
ring
Co
nsul
tanc
y
HSE
Co
nsul
tanc
y
Geo
phy
sica
l Co
nsul
tanc
y
Pro
duc
tio
n /
Up
stre
am C
ons
ulta
ncy
Geo
mat
ics
Serv
ices
QA
/ Q
C S
ervi
ces
Bui
ldin
g D
esig
n
Maj
or
Pla
tfo
rm F
abri
cato
r
Min
or
Pla
tfo
rm F
abri
cato
r
Ons
hore
Co
nstr
ucti
on
Ons
hore
Tan
k Fa
cilit
ies
O�
sho
re C
ons
truc
tio
ns
O�
sho
re S
upp
ort
Ves
sel C
ont
ract
or
Pip
elin
e In
stal
lati
on
Co
ntra
cto
r
FSO
/ F
PSO
Ow
ner
/O
per
ato
r /
Co
ntra
cto
r
Dri
lling
Rig
s
Sub
sea
Dri
lling
Ser
vice
s
Wel
l Ser
vice
s /
Wel
l Co
mp
leti
ons
Lab
Ser
vice
s
Mai
nten
ance
- P
ipin
g &
Val
ve /
Str
uctu
ral
Mai
nten
ance
- E
& I
Mai
nten
ance
- M
echa
nica
l (R
ota
ting
)
Mai
nten
ance
- M
echa
nica
l (St
atic
)
Mai
nten
ance
- P
ipel
ine
Min
or
Fab
rica
tio
n &
Rep
air
Mai
nten
ance
- S
afet
y E
qui
pm
ent
Und
erw
ater
Ser
vice
s
Ass
et In
teg
rity
Ser
vice
s
Hea
lth,
Saf
ety,
Env
iro
nmen
t(H
SE)
& S
ecur
ity
Man
pow
er S
ervi
ces
Env
iro
nmen
tal C
lean
-Up
/W
aste
Dis
po
sal
Mar
ine
Ves
sel S
ervi
ces
Hel
ico
pte
r /
Air
Tra
nsp
ort
atio
n Se
rvic
es
Land
Tra
nsp
ort
atio
n Se
rvic
es
War
eho
usin
g &
Sto
rag
e Se
rvic
es
Car
go
Tan
kers
Dec
om
mis
sio
ning
Co
ntra
cto
r
Che
mic
als
Sup
ply
and
Ser
vice
s
Sub
sea
Dri
lling
Eq
uip
men
t
Ele
ctri
cal
HV
AC
ICT
Inst
rum
enta
tio
n
Insu
lati
on
Mar
ine
Syst
em
Mec
hani
cal
Pip
elin
es
Ris
er
Ro
tati
ng E
qui
pm
ents
Safe
ty S
yste
m
Stru
ctur
al
Tran
spo
rtat
ions
Val
ves
War
eho
use
Eq
uip
men
t
Was
te H
and
ling
Wo
rksh
op
To
ols
PRODUCTSEXPLORATION DEVELOPMENT PRODUCTION DECOM
Figure 2
To provide readers with a better understanding of the upstream oil and gas services supply chain, we illustrate the segments where the SME GROW companies operate in. Broadly, the upstream oil & gas services supply chain can be categorised into Exploration, Development, Production and Decommissioning segments, corresponding with the various phases along the life-cycle of a project. The Development phase typically lasts up to 1-4 years while the duration for Production phase is much longer, over a 15- to 20-year period, depending on the size and nature of the projects.
Based on PETRONAS Standardised Work & Equipment Categories (SWEC), these segments can be further divided into 45 service and 24 product major SWEC. We have mapped the SME GROW companies according to their corresponding operating segment as illustrated in Figure 2.
From the diagram below, SME GROW companies operate mainly in segments with less complexity and competency requirements. In the Development phase, SME GROW companies are concentrated within the QA/QC services, minor platform fabrication and onshore construction segments. In the Production phase, maintenance of electrical & instrumentation (E & I), asset integrity and manpower services segments saw the highest number of players. In the Product segment, most companies are suppliers of mechanical and safety systems.
WHERE DO SME GROW COMPANIES PLAY
12
SME GROW FY2014
SME GROW SWEC CATEGORIES60
50
40
30
20
10
0
num
ber
of
com
pan
ies
Geo
log
ical
/ R
eser
voir
Geo
phy
sica
l Ser
vice
s
Fie
ld D
evel
op
men
t /
Res
evo
irM
anag
emen
t Se
rvic
es
Pro
ject
Man
agem
ent
Co
nsul
tanc
y
Eng
inee
ring
Co
nsul
tanc
y
HSE
Co
nsul
tanc
y
Geo
phy
sica
l Co
nsul
tanc
y
Pro
duc
tio
n /
Up
stre
am C
ons
ulta
ncy
Geo
mat
ics
Serv
ices
QA
/ Q
C S
ervi
ces
Bui
ldin
g D
esig
n
Maj
or
Pla
tfo
rm F
abri
cato
r
Min
or
Pla
tfo
rm F
abri
cato
r
Ons
hore
Co
nstr
ucti
on
Ons
hore
Tan
k Fa
cilit
ies
O�
sho
re C
ons
truc
tio
ns
O�
sho
re S
upp
ort
Ves
sel C
ont
ract
or
Pip
elin
e In
stal
lati
on
Co
ntra
cto
r
FSO
/ F
PSO
Ow
ner
/O
per
ato
r /
Co
ntra
cto
r
Dri
lling
Rig
s
Sub
sea
Dri
lling
Ser
vice
s
Wel
l Ser
vice
s /
Wel
l Co
mp
leti
ons
Lab
Ser
vice
s
Mai
nten
ance
- P
ipin
g &
Val
ve /
Str
uctu
ral
Mai
nten
ance
- E
& I
Mai
nten
ance
- M
echa
nica
l (R
ota
ting
)
Mai
nten
ance
- M
echa
nica
l (St
atic
)
Mai
nten
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PRODUCTSEXPLORATION DEVELOPMENT PRODUCTION DECOM
The degree of value-added activities of these companies is reflected based on the logical grouping of their respective mode of operations, shown in the table below:
Group Services Modus Operandi Products Modus Operandi
1 Self-Operated, Rig Owner-Operator, Vessel Owner-Operator Manufacturer, Fabricator
2 Rig Operator, Vessel Operator Assembler, Chemical Blender, Packager, System Integrator
3 Agent Dealer, Buying Arm
The Services segment saw SME GROW companies operating mainly in Group 1 mode of operation. This is in contrast with the Product segment where SME GROW companies are predominantly in Group 3. This is similar to our observation in MPRC100.
13
WHERE DO SME GROW COMPANIES PLAY
Historically, OGSE SMEs experienced two distinct phases between 2005 and 2014. During Phase 1 (2005 to 2009), total revenue for SMEs grew by CAGR of 10.2%, before experiencing a decline of 0.7% in Phase 2 (2009 to 2014). This in our opinion should be a subject for further analysis.
SME GROW displayed the same trend during Phase 1 but at a higher growth rate of 12.9%. Phase 2 however, saw SME GROW companies bucking the trend and instead grew by 18.7%. This highlights SME GROW companies’ resilience compared to other OGSE SMEs.
2014: MALAYSIA’S OGSE SME SECTOR – IN REVIEW
Figure 3
OGSE SMEs REVENUE9
8
7
6
5
4
3
2
1
02005 2006 2007 2008 2009 2010 2011 2012 2013 2014
SME GROW Total SME (excl. SME GROW)
RM
bill
ion
+10.2%
-0.7%
+12.9%
+18.7%
Historically, SME GROW companies are more resilient compared to other OGSE SMEs
14
SME GROW FY2014
The objective of this section is to compare Malaysia’s OGSE landscape against Norway’s Oil Field Services (OFS) industry. Developed around the same time as Malaysia, Norway’s OFS companies have grown to become successful global players. Norway thus serves as the ideal benchmark for our local OGSE industry to aspire to.
Figure 3 below depicts the difference between the landscape of Norwegian OFS1 and Malaysian OGSE industries in 2014, in terms of company size. We observed that Malaysia’s OGSE industry has a higher proportion of smaller companies compared to Norway’s–Malaysia’s OGSE SMEs make up 82% of the industry, compared to Norway’s 50%. Norwegian Large and Mid-tier companies however, form a significantly larger part of their industry at 9% and 41% respectively. In comparison, Malaysia’s Large and Mid-tier companies are only 1% and 17% of the total industry count.
To further the analysis, we have broken down Malaysian OGSE SMEs into three segments; Medium, Small and Micro. Medium SME players make up the largest portion with 637 companies (43%). This shows that there is a large pool of SMEs that can be developed further to create more Mid-tier companies.
Of the 637 Medium SMEs, 165 companies were identified in this edition’s SME GROW list. We believe that these companies, with their positive financials, have the potential for growth and in the long run, help rebalance the OGSE industry structure in Malaysia.
ADDITIONAL ANALYSIS: COMPARISON OF NORWEGIAN OFS AND MALAYSIAN OGSE INDUSTRY
Figure 4
1 Definition for Norwegian company size Large: Sales turnover ≥ NOK 1bil (RM488mil) Mid-tier: Sales turnover NOK 100mil (RM49mil) and < NOK 1bil (RM488mil) SME: Sales turnover < NOK 100mil (RM49mil) Note: NOK/MYR: 0.49 as at 29 Aug 2016
NORWEGIAN OFS AND MALAYSIAN OGSE INDUSTRIES 2014100
90
80
70
60
50
40
30
20
10
0Norway (1,113 companies) Malaysia (1,805 companies)
SME Mid-tier Large
Per
cent
age
50% (558)
41% (458)
9% (97)
82% (1,482)
17% (300)
1% (23)
MICRO:
246
SMALL:
599
MEDIUM:
637
SME GROW COMPANIES
165
Within Malaysia, there is a large pool of OGSE SMEs that can be developed further to create more Mid-tier companies and help rebalance the OGSE industry structure in the long run
15
2014: MALAYSIA’S OGSE SME SECTOR – IN REVIEW
The current low oil price environment has seen a majority of oil and gas operators cutting down on project awards and at the same time pushing services and equipment providers for cost reductions. It is important to note however, that the oil & gas industry has always been cyclical in nature. Since the 70’s, when Malaysia began to actively develop its oil & gas reserves, we have seen periods of significant fluctuations in oil prices. Some examples include the “oil shocks” in the 70’s, the Persian Gulf wars in the 90’s, the subsequent invasion of Iraq in 2003, as well as the global financial crisis of 2008.
During these oil price fluctuations, we observed companies using the downward cycles as a critical time to invest, develop new capabilities and technological solutions. These companies would often emerge stronger and well-positioned to take full advantage of the next industry upswing.
Therefore, Malaysian OGSE SMEs are encouraged to take this opportunity to consolidate, scale up and innovate. Collaboration among various government agencies to coordinate efforts and programmes is key to supporting SMEs to prepare for the upcoming challenges and the next upward cycle.
We hope to see more high performing OGSE SMEs grow out of the SME category and compete in the Mid-tier level. Competing at this level will open up access to new markets and presents a more dynamic business environment. We look forward to seeing these companies growing even larger and be capable of competing not just domestically, but also internationally.
CONCLUSION
16
SME GROW FY2014
WANT YOUR COMPANY TO BE FEATURED IN THE NEXT EDITION OF MALAYSIA OGSE CATALOGUE?Follow the simple step-by-step guide below:
MPRC REGISTRATION
The Malaysia Oil & Gas Services and Equipment (OGSE) Catalogue 2016 summarises the background and project experiences of Malaysian OGSE companies.
Additionally, this catalogue aims to map the capabilities of Malaysian OGSE companies to complement the 13 major segments of the oil and gas value chain in a user-friendly matrix. Office addresses, telephone & fax numbers as well as contact persons and email addresses are provided for each individual company. The purpose of this catalogue is to promote Malaysian oil and gas capabilities in international markets. It will also be used as a reference point for international oil companies, national oil companies, and contractors.
Note: A company is defined as a Malaysian OGSE company if:
• It is a Malaysian registered legal entity• A substantial proportion of its revenue is generated from the oil and gas sector
Malaysia Petroleum Resources Corporation reserves the right to determine the suitability of Malaysian OGSE companies that will be featured in this publication. Malaysia Petroleum Resources Corporation also reserves the right to amend, modify and/or eliminate any of the Malaysia OGSE company profiles at its sole discretion, with or without prior notice.
STEP ONEDownload the Malaysia OGSE
Catalogue form and MPRC Industry Data Gathering form
* Both forms are downloadable via MPRC’s official website
at www.mprc.gov.my
STEP TWOFill in and complete
both forms
* Please read the instructions when completing the forms
STEP THREESend it back to us
* Please send ALL the completed forms to:
17
PUBLICATION
6FILTRATION
5INTERPRETATION
4DATA
PROCESSING
3POPULATION
SAMPLING
1DATA
ACQUISITION
2
Final population sample of 2,687 companies
• The request was made for FYE2005 – FYE2014 period
Requested SSM to extract the raw financial information from their CBID database
• Mid-tier: RM20mil – RM500mil (223 companies)
• SME: - Manufacturer: < RM50mil- Services: < RM20mil (1,482 companies)
• 882 companies have no Revenue recorded for FYE2014
2,687 companies are ranked only by their Revenue in 2014 and grouped into MPRC100, Mid-tier and SME
• To perform basis analysis on the size/growth of the O&G related activities
Selected financial information and ranking information are made available
• Medium: Sales turnover RM15mil and ≤ RM50mil (Manufacturing) OR Sales turnover RM3mil and ≤ RM20mil (Services & Other sectors)
• Small: Sales turnover RM300k and < RM15mil (Manufacturing) OR Sales turnover RM300k and < RM3mil (Services & Other sectors)
• Micro: Sales turnover < RM300k (Manufacturing, Services & Other sectors)
And criteria below are applied to identify SME GROW companies:• Exclude companies that only have
SWEC Modus Operandi of Agents, Dealer and Buying Arm
• Positive 3-year Revenue CAGR • Positive 3-year Average PBT Margin
Grouped 1,482 companies into Medium, Small and Micro based on SME Corp definition
• Remaining 319 companies had no records with SSM
• The request to SSM was made as of October 2015. If no accounts are lodged by that date, we can assume either:
- The company is late in filing its accounts; or
- The company had a change in that FYE
Successfully extracted for 2,792 companies
• Revenue, PBT and TFA parameters were translated accordingly for our analysis purposes
The raw financial information from SSM’s CBID is translated based on sum of corresponding parameters ending in each calendar year
3.1 TRANSLATION
• Revenue: 48 companies• PBT: 31 companies• TFA: 84 companies
Total of 117 companies were a�ected
• The identification is done through factoring the parameters’ y-o-y change by 500. Value more than 500 (or less than 1/500 but greater than zero) could indicate unit’s data-entry error
To identify any irregularities of the raw financial information which may a�ect the analysis if not corrected
3.2 SANITISATION
• 87 companies with immediate shareholders that are already in our population
• 18 subsidiaries of listed companies which recorded in their most recent audited accounts
Total of 105 companies were identified
3.3 CONSOLIDATION
• Started with 3,613 companies • Reduced to 3,579 companies after 34
non-corporate entities were excluded
Initial list from PETRONAS SWEC Licensees as of August 2015
• Removed companies whose core business is not OGSE where it falls within the following categories:
- Products: containers, miscellaneous, o¢ce and automotive; or
- Services: ICT and integrated operations, general building maintenance services; or
- Core business activities described in their website that do not include O&G related activities
- Excluding category managed items by PETRONAS
Total of 468 companies were eliminated
Draft, design and publish SME GROW FY2014 document
SME GROW FY2014 METHODOLOGY
18
SME GROW FY2014
PUBLICATION
6FILTRATION
5INTERPRETATION
4DATA
PROCESSING
3POPULATION
SAMPLING
1DATA
ACQUISITION
2
Final population sample of 2,687 companies
• The request was made for FYE2005 – FYE2014 period
Requested SSM to extract the raw financial information from their CBID database
• Mid-tier: RM20mil – RM500mil (223 companies)
• SME: - Manufacturer: < RM50mil- Services: < RM20mil (1,482 companies)
• 882 companies have no Revenue recorded for FYE2014
2,687 companies are ranked only by their Revenue in 2014 and grouped into MPRC100, Mid-tier and SME
• To perform basis analysis on the size/growth of the O&G related activities
Selected financial information and ranking information are made available
• Medium: Sales turnover RM15mil and ≤ RM50mil (Manufacturing) OR Sales turnover RM3mil and ≤ RM20mil (Services & Other sectors)
• Small: Sales turnover RM300k and < RM15mil (Manufacturing) OR Sales turnover RM300k and < RM3mil (Services & Other sectors)
• Micro: Sales turnover < RM300k (Manufacturing, Services & Other sectors)
And criteria below are applied to identify SME GROW companies:• Exclude companies that only have
SWEC Modus Operandi of Agents, Dealer and Buying Arm
• Positive 3-year Revenue CAGR • Positive 3-year Average PBT Margin
Grouped 1,482 companies into Medium, Small and Micro based on SME Corp definition
• Remaining 319 companies had no records with SSM
• The request to SSM was made as of October 2015. If no accounts are lodged by that date, we can assume either:
- The company is late in filing its accounts; or
- The company had a change in that FYE
Successfully extracted for 2,792 companies
• Revenue, PBT and TFA parameters were translated accordingly for our analysis purposes
The raw financial information from SSM’s CBID is translated based on sum of corresponding parameters ending in each calendar year
3.1 TRANSLATION
• Revenue: 48 companies• PBT: 31 companies• TFA: 84 companies
Total of 117 companies were a�ected
• The identification is done through factoring the parameters’ y-o-y change by 500. Value more than 500 (or less than 1/500 but greater than zero) could indicate unit’s data-entry error
To identify any irregularities of the raw financial information which may a�ect the analysis if not corrected
3.2 SANITISATION
• 87 companies with immediate shareholders that are already in our population
• 18 subsidiaries of listed companies which recorded in their most recent audited accounts
Total of 105 companies were identified
3.3 CONSOLIDATION
• Started with 3,613 companies • Reduced to 3,579 companies after 34
non-corporate entities were excluded
Initial list from PETRONAS SWEC Licensees as of August 2015
• Removed companies whose core business is not OGSE where it falls within the following categories:
- Products: containers, miscellaneous, o¢ce and automotive; or
- Services: ICT and integrated operations, general building maintenance services; or
- Core business activities described in their website that do not include O&G related activities
- Excluding category managed items by PETRONAS
Total of 468 companies were eliminated
Draft, design and publish SME GROW FY2014 document
19
SME GROW FY2014 METHODOLOGY
OTHER MPRC PUBLICATIONS
ABOUT MPRC100MPRC100 is a list of top-100 Oil & Gas Services and Equipment (OGSE) companies in Malaysia, ranked based on their revenue. We conducted our study by obtaining financial information for OGSE companies that are registered in Malaysia on a consolidated basis.
If you need more information on this publication, please write to [email protected]
ABOUT MALAYSIA OIL AND GAS R&D CATALOGUEThe Malaysia Oil and Gas R&D Catalogue is a compilation of relevant R&D capabilities to support innovation and technology development for the oil & gas industry.
If you need more information on this publication, please write to [email protected]
ABOUT FINANCING SCHEMES FOR OGSE COMPANIESThe Financing Schemes for OGSE Companies is a compilation of grants, loans and tax incentives provided by Malaysian government agencies and Development Financial Institutions that are relevant to the Oil & Gas Services and Equipment (OGSE) sector.
If you need more information on this publication, please write to [email protected]
ABOUT MALAYSIA OGSE CATALOGUEThe Malaysia Oil & Gas Services and Equipment Catalogue 2016 summarises the background and project experiences of Malaysian OGSE companies. Additionally, this catalogue aims to map the capabilities of Malaysian OGSE companies to complement the 14 major segments of the oil and gas value chain in a user-friendly matrix. Office addresses, telephone numbers, fax numbers as well as contact persons and email addresses are provided for each individual company.
If you need more information on this publication, please write to [email protected].
ABOUT DOING BUSINESS IN SOUTHEAST ASIA: GUIDE FOR MALAYSIAN OGSE COMPANIESA guide for Malaysian OGSE Compan ies , p roduced i n collaboration with MATRADE, outlines the oil and gas landscape and market entry strategies for Malaysian OGSE companies interested in expanding their business to Indonesia, Myanmar, Vietnam and Thailand. This publication also features on-the-ground insights from Malaysian OGSE players, key contacts, as well as information on MATRADE’s export assistance programmes for Malaysian exporters.
If you need more information on this publication, please write to [email protected].
20
SME GROW FY2014
GLOSSARY
Copyright © 2016 Malaysia Petroleum Resources Corporation
All rights reserved. This publication is copyright protected. No part of this document may be reproduced, stored in a retrieval system, transmitted in any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of Malaysia Petroleum Resources Corporation. Text, figures or graphics contained in this publication, including but not limited to graphs, charts, drawings, tables, photos or maps, save for elements credited to third parties, may be copied or reproduced provided that the source is acknowledged, the text is not altered and it is not used, wholly or in part, for commercial gain. Use for commercial gain requires the prior written permission of Malaysia Petroleum Resources Corporation.
Disclaimer
Whilst every effort has been made to ensure the accuracy of the information contained in this document, Malaysia Petroleum Resources Corporation accepts no responsibility for any errors it may contain, or for any loss, financial or otherwise, sustained by any person using this publication. Should there be inaccuracies, please write to us at [email protected]
CAGR Compounded Annual Growth Rate
CIBD Corporate and Business Information Data
E & I Electrical & Instrumentation
FY Financial Year
MATRADE Malaysia External Trade Development Corporation
MIDA Malaysia Investment Development Authority
MNC Multinational Companies
NOK Norwegian Krone
OFS Oilfield Services
OGSE Oil & Gas Services and Equipment
OSV Offshore Support Vessel
PBT Profit Before Tax
R&D Research & Development
RM Ringgit Malaysia
SMEs Small and Medium-sized Enterprises
SME Corp SME Corporation Malaysia
SSM Companies Commission of Malaysia (Suruhanjaya Syarikat Malaysia)
SWEC Standard Work & Equipment Categories
FEEDBACKWe welcome feedback from the industry as well as the public. Please submit your comments/enquiries at [email protected]
Malaysia Petroleum Resources CorporationSuite 20-11, Level 20, G Tower, 199 Jalan Tun Razak,50400, Kuala Lumpur, Malaysia.
tel +603 2858 8555 fax +603 2858 8599web www.mprc.gov.my email [email protected]
SME GROWFY2014