Petra Perdana Berhad (Bod Issue)

PETRA PERDANA BERHAD INTRODUCTION Petra Perdana Berhad (PPB) is predominantly an Offshore Marine Services provider for the upstream oil and blow exertion.  The companys wholly-owned subsidiaries cum go through managers, Intra Oil Services Berhad and Perdana Marine Pte Ltd, Singapore, which have combined industry experience exceeding 40 years, manage and operate vessels comprising turn tail barges, anchor handling tug provide (AHTS) vessels, workboats and platform supply vessels. Their prospicient presence in the industry and its current weaker backing operation has attracted the attention of shareholders on the way the company operation. Recently, quatern of its directors have been removed in a historic long Extraordinary General Meeting (EGM), where the founder and Chief executive director Officer (CEO) Tengku Datuk Ibrahim, his wife Datin Noriza Hajjar Hasim, Wong Fook Heng and Tiong Young Kong were voted to be replaced with new members of dialog box of director (BOD). COMPANY BACKGROUND  Petra Perdana Berhad, an investment holding company, provides marine complement and offshore leasing services for the oil and blow out, and petrochemical industries in Malaysia, Singapore, British stark(a) Islands, Marshall Islands, and Australia.

It engages in the provision of services in trading operations and maintenance, oil field optimization, retrofits, domestic vessels recharter, geophysical, design and fabrication of serve well equipment, and packaging and supply of engineered equipment for the oil and gas industry. The company in addition involves in the design, fabrication, supply, and installation of pressure vessels, heat exchangers, skid packages, industrial boilers and ancillary equipment, and other process equipment. In addition, it provides oil and gas equipment rental and related services. Further, Petra Perdana Berhad provides field development and refurbishment solutions by integrating project management, engineering, and equipment services to deliver solutions to oil and gas operators. The company was founded in... If you want to get a full essay, set up it on our website: Orderessay

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