VEEM LTD

VEE
End-of-day quote. End-of-day quote  - 01/18
0.81AUD -1.22%
Business Summary
Industrials
Industrial Goods
 Machinery, Equipment & Components
  Shipbuilding
   Shipbuilding - NEC
Veem Limited is a marine technology company. The Company is engaged in the manufacturing of propellers and industrial products and the provision of engineering services. The Company specializes in propulsion and stabilization systems. It also manufactures products and services for the marine, defense and mining industries. Its business units include VEEM Propellers, VEEM Gyro, Timcast, VEEM 24-7 and VEEM Defence. VEEM Propellers offers commercial and recreational fixed pitch propeller technology. VEEM Gyro is a ship roll stabilizing technology that uses gyrostabilizers with control technology. Timcast is a range of centrifugally cast bi-metal pipes. VEEM 24/7 provides a range of manufactured products and repair services to a range of customers within the Western Australian mining industry. VEEM Defence provides manufacturing and service work for the Australian Defense Force and key defense force contractors.
Sales per Business
20192020
AUD
(in Million)
%AUD
(in Million)
%
Propulsion and Stabilization 24.2153.9% 28.4664.2%
Defence 13.2329.4% 13.9031.3%
Engineering Services 14.4232.1% 11.5926.1%
Eliminations -6.92-15.4% -9.60-21.6%
Sales per region
20192020
AUD
(in Million)
%AUD
(in Million)
%
Australia 26.5259% 28.3964%
United States, United Kingdom, Italy, New Zealand 18.4341% 15.9736%
Managers
Name Title
Mark David Miocevich Managing Director & Director
John Bradley Miocevich Non-Executive Chairman
David Rich Chief Financial Officer & Joint Secretary
Ian Barsden Non-Executive Director
Peter Patrick Torre Independent Non-Executive Director
Michael Robert Bailey Independent Non-Executive Director
Tracy Pauline Caudwell Joint Secretary, Manager-Finance & Administration
Shareholders
Name Equities %
Veem Corp. Pty Ltd. 80,000,000 61.5%
Perennial Value Management Ltd. 19,403,346 14.9%
Anacacia Capital Pty Ltd. 600,000 0.46%
Sabrina Chang 300,000 0.23%
Acres Holdings Pty Ltd. 285,000 0.22%
Black Magic Enterprises Pty Ltd. 250,000 0.19%
Graeme John Medhurst 250,000 0.19%
Michael Robert Bailey 90,000 0.069%
Peter Patrick Torre 60,000 0.046%
Ian Barsden 53,571 0.041%
Company contact information
Veem Ltd.
22 Baile Road
Canning Vale, Western Australia (WA) 6155

Phone : +61.8.9455.9355
Fax : +61.8.9455.9333
Web : http://www.veem.com.au
Sector Shipbuilding - NEC
1st jan.Capi. (M$)
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