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 2024-04-29 pm EDT			5-day change	1st Jan Change
1.45 ^MYR	-.--%		+5.07%	+45.73%

Apr. 29	Wasco's MYR36 Million Sale of Shop Office Units Becomes Unconditional	MT
Apr. 22	Wasco Closes MYR65 Million Sale of Properties in Selangor, Malaysia	MT

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	2022	Weight	2023	Weight	Delta
Energy Services 88.9 %	-	-	2,317	88.9 %	-
Bioenergy Services 11.1 %	-	-	289	11.1 %	-
Others 0.0 %	187	7.0 %	0	0.0 %	-99.99%

MYR in Million	2022	Weight	2023	Weight	Delta
Malaysia 28.3 %	728	27.1 %	738	28.3 %	+1.45%
South East Asia excluding Malaysia 25.7 %	399	14.9 %	670	25.7 %	+67.71%
Africa 12.2 %	489	18.2 %	317	12.2 %	-35.12%
Middle East 11.4 %	338	12.6 %	298	11.4 %	-11.84%
Europe 7.7 %	241	9.0 %	201	7.7 %	-16.40%
Australia 7.6 %	264	9.8 %	199	7.6 %	-24.53%
United States 4.1 %	108	4.0 %	106	4.1 %	-2.02%
East Asia 1.0 %	1	0.0 %	26	1.0 %	+4,830.30%
Pakistan 0.8 %	-	-	21	0.8 %	-
Canada 0.8 %	39	1.4 %	21	0.8 %	-46.13%
China 0.2 %	36	1.3 %	5	0.2 %	-85.55%
India 0.1 %	2	0.1 %	3	0.1 %	+23.70%
Others 0.0 %	21	0.8 %	0	0.0 %	-98.47%

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
Ariesza Noor IRC	Investor Relations Contact	47	07-12-31
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

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	23-04-06
Lily Rozita binti Mohamad Khairi BRD	Director/Board Member	53	23-04-11

	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.wascoenergy.com

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.43 MYR

Average target price

1.493 MYR

Spread / Average Target

+4.43%

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	+45.73%	233M
SCHLUMBERGER LIMITED	-8.57%	68.01B
HALLIBURTON COMPANY	+1.52%	32.49B
BAKER HUGHES COMPANY	-6.55%	31.87B
TECHNIPFMC PLC	+28.75%	11.18B
WEATHERFORD INTERNATIONAL PLC	+24.98%	8.94B
NOV INC.	-8.48%	7.34B
CHAMPIONX CORPORATION	+14.86%	6.39B
CNOOC ENERGY TECHNOLOGY & SERVICES LIMITED	+42.81%	5.72B
TIDEWATER INC.	+30.20%	4.95B