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MISC Berhad

#2018

Rank

$8.1B

Marketcap

MY Malaysia

Country

MISC Berhad
Leadership team

Captain Rajalingam Subramaniam (Pres, Group CEO & Exec. Director)

Mr. Raja Azlan Shah Bin Raja Azwa (CFO & VP of Fin.)

Mr. Ausmal Bin Kardin (VP of Legal, Corp. Secretarial & Compliance and Company Sec.)

Products/ Services
Education, Energy, Transportation
Number of Employees
1,000 - 20,000
Headquarters
Kuala Lumpur, Kuala Lumpur, Malaysia
Established
1968
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
3816.KL
Social Media
Overview
Location
Summary
MISC Berhad provides energy-related maritime solutions and services worldwide. The company operates through LNG (liquefied natural gas) Asset Solutions, Petroleum & Product Shipping, Offshore Business, Marine & Heavy Engineering, and Others segments. It owns and operates LNG carriers; petroleum and chemical tankers; and floating storage and offloading, and mobile offshore production units; and semi-submersible floating production systems. The company is also involved in the provision of marine and heavy engineering services, including engineering, procurement, construction, installation, and commissioning services for offshore and onshore construction; and marine repair and conversion works. In addition, it offers maritime education and training services for seamen and maritime personnel; port and terminal services; marine transportation; integrated marine services; and crew management and dry docking of marine vessels services. Further, the company operates and manages the Sungai Udang Port; and owns properties. As of February 17, 2022, it operated a fleet of approximately 100 owned and in-chartered comprising of LNG, petroleum, and product vessels; floating production systems; and LNG floating storage units with a combined deadweight tonnage capacity of approximately 13 million tonnes. The company was incorporated in 1968 and is headquartered in Kuala Lumpur, Malaysia. MISC Berhad operates as a subsidiary of Petroliam Nasional Berhad.
History

Malaysia International Shipping Corporation was founded in 1968 by Robert Kuok on request of the Malaysian government. Kuok, who had no experience in the business, sought the help of the Hong Kong-Chinese shipping magnate, Frank Tsao. For his help with establishing the business, Tsao was conferred the title of Tan Sri by the King of Malaysia.The company's first two ships were provided by Japan, given to the Malaysian Chinese Association as compensation for its massacre of Chinese Malaysians during World War II. The company initially had capital of 10 million ringgit, with the Kuok brothers holding 20%, Tsao 15%, and the MCA and other Chinese-Malaysian groups holding 20 to 30%. Ismail Abdul Rahman served as the company's first chairman until Kuok took over in 1969, serving until the 1980s. Eddie Shih and Tony Goh ran the day-to-day business, and the company quickly prospered after it started business in 1969.Under pressure from Prime Minister Abdul Razak Hussein, MISC soon enlarged its capital base from the original 100 to 140, with the extra 40 issued to the Malaysian government, which became the largest shareholder. The company went public in 1987.

Mission
To develop and operate sea transportation services for the movement of energy resources, freight, passengers and bulk commodities in accordance with the highest standards of quality, reliability and safety.
Vision
To be the premier global provider of marine transportation services, offering innovative and value-added solutions while creating long-term value and profitability for our stakeholders.
Key Team

Ms. Shariza Mohd Jaffar Sadiq Maricar (VP of Human Resource Management)

Ms. Rozainah Binti Awang (Gen. Mang. of CPD)

Ms. Noridah Binti Khamis (GM of Legal & Offshore Bus. and Joint Sec.)

Captain Raja Sager Muniandy (VP of Group Health, Safety, Security & Environment)

Mr. Hazrin Hasan (MD & CEO of MISC Maritime Services Sdn. Bhd)

Eslin Halimi (Head of Financial Reporting, Governance & Budget, Fin.)

Mr. Pandai Othman (Managing Director & CEO of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB))

Recognition and Awards
MISC Berhad has won several international awards including the Maritime Safety Award from the International Maritime Organisation in 2017 and the Asia Pacific Maritime Company of the Year from Lloyd’s List Maritime Asia Awards 2019.
References
MISC Berhad
Leadership team

Captain Rajalingam Subramaniam (Pres, Group CEO & Exec. Director)

Mr. Raja Azlan Shah Bin Raja Azwa (CFO & VP of Fin.)

Mr. Ausmal Bin Kardin (VP of Legal, Corp. Secretarial & Compliance and Company Sec.)

Products/ Services
Education, Energy, Transportation
Number of Employees
1,000 - 20,000
Headquarters
Kuala Lumpur, Kuala Lumpur, Malaysia
Established
1968
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
3816.KL
Social Media