Background

We were incorporated in Malaysia on 18 March 2008 under the Act as a public limited company under the name of TAS Offshore Berhad. We were incorporated as an investment holding company to facilitate the Listing and commenced operations through the acquisition of Tuong Aik Shipyard Sendirian Berhad (TAS) on 3 April 2009. Through our wholly-owned subsidiary, TAS, we are involved in shipbuilding and ship repairing. Our history can be traced back to 1977 with the incorporation of Tuong Aik (Sarawak) Sendirian Berhad (TASSB). TASSB was initially a supplier of marine coatings and a provider of shipping services before diversifying into shipbuilding and ship repairing in 1991. In 2002, TAS was incorporated to undertake shipbuilding and ship repairing activities. TAS initially started with ship repairing activities before the shipbuilding and ship repairing operations of TASSB were transferred to TAS in 2004. Datuk Lau Nai Hoh is the Managing Director and founder of our Group. Since the commencement of the shipbuilding operations of TASSB in the early 1990s, Datuk Lau Nai Hoh has been instrumental in the growth and development of our Group. With approximately 17 years of experience in the Shipbuilding Industry, Datuk Lau Nai Hoh has successfully led the Group to become a reputable player in the industry. In 2004, TAS acquired its current shipbuilding yard covering 12.3 acres in Sungai Bidut in Sibu, Sarawak. The yard provides us with the capacity to construct an average of 23 units of vessels per year (actual number will depend on the types of vessel constructed) based on an eight (8)-hour shift. We have the capabilities to construct a range of vessels including Tugboats, Anchor Handling Vessels, landing craft, barges, ferries, workboats, utility/ support vessels and offshore supply vessels. The vessels that are constructed by us are built in accordance with stringent international maritime standards. We currently construct vessels under the governance of Bureau Veritas, Nippon Kaiji Kyokai, and Germanisher Lloyd classification bodies. Our achievements have been recognised by external bodies whereby in 2006, TAS was awarded "2nd Position out of the Top 10 Golden Bull Award 2006? organised by Nanyang Siang Pau, Malaysian Chinese language daily newspaper. As part of our emphasis on quality, TAS received ISO 9001:2000 certification on 23 August 2007 issued by Bureau Veritas Certification Malaysia. (sourced by: http://www.tasoffshore.com/corporate-profile/history-and-business)

Website:
http://www.tasoffshore.com/