Company Wah Seong Corporation

Equities

WASCO

MYL5142OO004

Oil Related Services and Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

Sales per Business

Sales per region

Ratings for Wah Seong Corporation

EPS Revisions

Annual profits - Rate of surprise

Sector Other Oil Related Services and Equipment

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
1.51 ^MYR	+3.42%		+11.85%	+51.76%

Apr. 22	Wasco Closes MYR65 Million Sale of Properties in Selangor, Malaysia	MT
Feb. 27	Wasco Berhad Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

Wasco Berhad is a Malaysia-based company, which is engaged in investment holding and provision of management services to its subsidiaries. The Company operates in three segments: energy solutions services, renewable energy, and industrial trading & services. Energy solutions services division includes pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities and the provision of specialized equipment and services to the power generation, oleochemical and petrochemical industries. Renewable energy division is engaged in supplying and manufacturing of specialized equipment for biomass power plants such as industrial fans, boilers and turbines that run primarily on biomass fuels. Industrial trading & services division is engaged in the trading and distribution of building materials and the manufacturing and trading of industrial pipes for the construction industry.

Number of employees: 3,865

MYR in Million	2021	Weight	2022	Weight	Delta
Oil and Gas 63.2 %	726	50.8 %	1,697	63.2 %	+133.70%
Renewable Energy 18.0 %	282	19.7 %	482	18.0 %	+71.08%
Industrial Trading & Services 11.9 %	279	19.5 %	320	11.9 %	+14.95%
Others 7.0 %	143	10.0 %	187	7.0 %	+31.19%

MYR in Million	2021	Weight	2022	Weight	Delta
Malaysia 27.1 %	542	37.9 %	728	27.1 %	+34.21%
Africa 18.2 %	97	6.8 %	489	18.2 %	+404.83%
South East Asia 14.9 %	268	18.8 %	399	14.9 %	+49.05%
Middle East 12.6 %	61	4.3 %	338	12.6 %	+452.39%
Australia 9.8 %	131	9.2 %	264	9.8 %	+101.66%
Europe 9.0 %	95	6.7 %	241	9.0 %	+152.79%
United States 4.0 %	-	-	108	4.0 %	-
Canada 1.4 %	116	8.1 %	39	1.4 %	-66.68%
China 1.3 %	61	4.3 %	36	1.3 %	-41.82%
Latin America 0.8 %	9	0.6 %	22	0.8 %	+149.67%
Others 0.8 %	43	3.0 %	21	0.8 %	-51.33%
India 0.1 %	2	0.1 %	2	0.1 %	+32.20%
East Asia 0.0 %	4	0.3 %	1	0.0 %	-87.93%

Managers	Title	Age	Since
Gian Carlo Maccagno CEO	Chief Executive Officer	60	04-05-31
Ramanathan P. R. Singaram DFI	Director of Finance/CFO	56	05-12-31
Cheu Leong Chan BRD	Director/Board Member	73	02-05-21
Sivaramayah Sivalingam AUD	Comptroller/Controller/Auditor	52	19-07-31
Shamugam Karupiah PRN	Corporate Officer/Principal	54	16-02-29
Eng Hooi Goh PRN	Corporate Officer/Principal	43	16-04-30
Yee Chong Lee PRN	Corporate Officer/Principal	55	12-12-31
Kok Cheong Lew TRE	Treasurer	56	04-12-31
Ying Pun Woo SEC	Corporate Secretary	-	08-11-02
Mui Ping Tan AUD	Comptroller/Controller/Auditor	47	-

Members of the board	Title	Age	Since
Cheu Leong Chan BRD	Director/Board Member	73	02-05-21
Chung Meng Tan CHM	Chairman	72	02-05-21
Gian Carlo Maccagno CEO	Chief Executive Officer	60	04-05-31
See Yan Lin BRD	Director/Board Member	83	04-07-19
Choo Boon Saw BRD	Director/Board Member	77	18-04-05
Halim bin Din BRD	Director/Board Member	77	02-05-21
Jian Hong Tan BRD	Director/Board Member	40	15-05-24
Wan Daneena Liza Binti Wan Abdul Rahman BRD	Director/Board Member	50	-
Lily Rozita Binti Mohamad Khairi BRD	Director/Board Member	53	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	774,888,054	352,480,836 ( 45.49 %)	577,054 ( 0.0745 %)	45.49 %

Name	Equities	%	Valuation
Wah Seong (Malaya) Trading Co. Sdn. Bhd. 30.90 %	239,438,739	30.90 %	65 M RM
Midvest Asia Sdn. Bhd. 5.669 %	43,928,483	5.669 %	12 M RM
Lembaga Tabung Angkatan Tentera 3.737 %	28,961,327	3.737 %	8 M RM
Cheu Leong Chan 2.669 %	20,677,936	2.669 %	6 M RM
Manulife Investment Management (M) Bhd. 2.572 %	19,926,600	2.572 %	5 M RM
PMB Investment Bhd. 2.097 %	16,250,700	2.097 %	4 M RM
Chung Meng Tan 1.539 %	11,927,314	1.539 %	3 M RM
AHAM Asset Management Bhd. 1.453 %	11,261,457	1.453 %	3 M RM
Karya Insaf Malaysia Sdn. Bhd. 1.307 %	10,130,675	1.307 %	3 M RM
Hong Leong Asset Management Bhd. 1.167 %	9,045,000	1.167 %	2 M RM

Name	Equities	%	Valuation
PETRA ENERGY 26.90%	86,550,000	26.90%	22,309,128 $
WAH SEONG CORPORATION 0.07%	577,054	0.07%	156,058 $

Wasco Bhd.

The Gardens North Tower Mid Valley City Lingkaran Syed Putra

59200, Kuala Lumpur

http://www.wahseong.com

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.51 MYR

Average target price

1.493 MYR

Spread / Average Target

-1.10%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Related Equipment and Services

Oil Related Services and Equipment

Other Oil Related Services and Equipment

	1st Jan change	Capi.
WAH SEONG CORPORATION	+51.76%	245M
SCHLUMBERGER LIMITED	-5.46%	70.32B
HALLIBURTON COMPANY	+6.61%	34.12B
BAKER HUGHES COMPANY	-3.92%	32.77B
TECHNIPFMC PLC	+32.03%	11.62B
WEATHERFORD INTERNATIONAL PLC	+30.81%	9.36B
NOV INC.	-6.95%	7.46B
CHAMPIONX CORPORATION	+19.34%	6.64B
CNOOC ENERGY TECHNOLOGY & SERVICES LIMITED	+46.67%	5.86B
TIDEWATER INC.	+32.74%	5B