Corporate Profile
ASL Marine Holdings Ltd. is a vertically-integrated marine services group principally engaged in shipbuilding, shiprepair and conversion, shipchartering, dredge engineering and other marine related services, catering to customers from Asia Pacific, South Asia, Europe, Australia and the Middle East.
Listed on Singapore Stock Exchange since 2003, ASL Marine has over the years grown into one of the region’s key players in the marine services sector.
Today, ASL Marine owns shipyards in Singapore and Indonesia (Batam), providing a comprehensive range of shipbuilding, shiprepair and conversion services spanning myriad sectors and industries. As at 30 June 2023, it has a vessel fleet of 213, providing shipchartering services to various industries, including marine infrastructure and construction, dredging, land reclamation and cargoes transportation. ASL Marine added VOSTA LMG International B.V. and several related subsidiaries (the “VOSTA LMG”) in 2012. The VOSTA LMG designs and manages the construction of dredgers, makes and supplies specialised dredging components, and owns several important patents.
History
2012
In December 2012, we acquired the 100% interest of VOSTA LMG, a specialist engineering company with bases in the Netherlands and Germany.
2008
Commencement of operation of 2 medium sized (230m x 32m and 180m x 28m) graving docks in Batam.
2007
We secured the first shipbuilding contract for the construction of cutter suction dredger
2006
Commenced operation of new 260m x 60m graving dock. Incorporated Jiang Men Hongda Shipyard Ltd in Guangdong, China, our first investment in China where we held 60% stakes.
2005
Commenced operation of 5000 tonne lifting capacity floating dock in Batam, Indonesia.
2003
ASL Marine was publicly listed on the main board of Stock Exchange of Singapore (SGX).
2002
Our founder, Mr Ang Sin Liu resigned from our Board. He is currently an advisor to our Board.
2000
Secured contract for transportation of 2.1 million tonnes of armoured rocks 1.75 million to the West Natuna Transportation System.
1998-2003
Completed and delivered a series of 17 units of harbour tugs for PSA Marine, Port of Napier and Redsea Marine.
1997
Admist Asian financial crisis, ASL Project Services secured various contracts for the marine transportation of 1.0 million tonnes of rocks and building of series of barges and lub
1996
Purchased the leased hold shipyard land in Batam, Indonesia. Incorporated PT ASL Shipyard Indonesia.
1992-1995
Completed and delivered a series of 4 bunkering tankers for the Singapore Shipping Group.
1992
Incorporated Ang Sin Liu Shipyard Pte Ltd
1990
Completed and delivered our first bunkering tanker for a local customer.
1989
We tapped into the growing domestic and Indonesian market for ship chartering and logistics services by diversifying our business into the provision of tugs and barges.
1988
Ventured into shipbuilding. First barge completed and sold.
1986
Ang Sin Liu Hardware purchased the lease of a shipyard land in Jurong to undertake ship-breaking activities
1982
With the increase in construction activity in the 1980s, Ang Sin Liu Construction (Pte) Ltd (“Ang Sin Liu Construction”) was incorporated to undertake building construc
1974
The ASL Group started operations in 1974 in Singapore as a sole proprietorship of Mr Ang Sin Liu engaged in the trading of scrapped steel material under the name “Ang Sin L
Corporate Information
Board Of Directors
Ang Kok Tian (Chairman, Managing Director and CEO)
Ang Ah Nui (Deputy Managing Director)
Ang Kok Leong (Executive Director)
Andre Yeap Poh Leong (Non-Executive and Non-Independent Director)
David Hwang Soo Chin (Lead Independent Director)
Tan Sek Khee (Lead Independent Director)
Audit Committee
David Hwang Soo Chin (Chairman)
Andre Yeap Poh Leong
Tan Sek Khee
Nominating Committee
Andre Yeap Poh Leong (Chairman)
David Hwang Soo Chin
Tan Sek Khee
Remuneration Committee
Tan Sek Khee (Chairman)
Andre Yeap Poh Leong
David Hwang Soo Chin
Company Secretary
Koh Kai Kheng Irene
Investor Relations
ASL Marine Holdings Ltd.
ir@aslmarine.com
Registered Office
19 Pandan Road
Singapore 609271
Telephone: (65) 6264 3833
Facsimile: (65) 6268 0274
Email: corporate@aslmarine.com
Website: www.aslmarine.com
Incorporation Data
Place of Incorporation: Singapore
Date of Incorporation: 4 October 2000
Co.Reg. No. 200008542N
Share Listing
ASL Marine Holdings Ltd.’s shares are listed and traded on the Main Board of the Singapore Exchange Securities Trading Limited since March 2003
Share Registrar
M & C Services Private Limited
112 Robinson Road #05-01
Singapore 068902
Telephone: (65) 6227 6660
Facsimile: (65) 6225 1452
Auditors
Ernst & Young LLP
Certified Public Accountants
One Raffles Quay
North Tower, Level 18
Singapore 048583
Partner-In-Charge: Andrew Tan Chwee Peng
(appointed since the financial year
ended 30 June 2020)
Principal Bankers
DBS Bank Ltd
Oversea-Chinese Banking Corporation Limited
United Overseas Bank Limited