ES Group (Holdings) Limited (“the Company”) and together with its subsidiaries (“ES Group” or “the Group”) is a Singapore-headquartered marine and offshore group that was established in 1975.

Listed on the Catalist board of the SGX-ST on 9 July 2010, ES Group builds, converts and repairs a wide range of ocean-going vessels, such as tugs, barges, rigs, offshore support vessels, oil tankers and cargo ships.

With operating experience of more than 30 years, ES Group has been a prominent sub-contractor of marine and offshore structures and vessels of all types and sizes, whether afloat or drydocked for prominent Singaporean shipyard operators including Sembawang Shipyard Pte Ltd, Keppel FELS Ltd and Singapore Technologies Marine Ltd.

Recently ES Group undertook strategic shifts to diversify revenue streams.

In August 2010, the Group entered into Engineering, Procurement and Construction (“EPC”) and vessel owning and chartering; all concerted efforts expected to ensure a relatively stable stream of recurring revenue in the medium to longer term. Similarly, ES Group has also made a maiden shift towards securing direct contracts to increase the Group’s revenue and profitability.

In addition to underscoring the recognition of the Group’s turnkey engineering, procurement and fabrication capability and uncompromising quality and safety standard, ES Group believes that these new businesses will complement the traditional ship building and repair operations.

Besides having site offices at the premises of its shipyard customers, ES Group operates out of its workshop and repair facilities within Singapore.

At the same time, ES Group also owns a 70,000 square metre shipyard with fabrication grounds in Thailand (through our 50% owned subsidiary in Thailand), providing new building and conversion services and enjoys multiple advantages in terms of lower cost geographical location and skilled labour.

The Group has an impressive safety track record and holds the BizSAFE Star certification which is the highest standard conferred by the Workplace Safety and Health Council in Singapore.

Moving forward, the Group intends to accelerate its latest strategic growth initiatives already put in place while maintaining the momentum in its ongoing core businesses to tap on their significant growth potential and generate long-term value to shareholders.