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Straits Inter Logistics Berhad and its subsidiaries (“Group”) was established as manufacturers and traders of cleanroom filters and other water filtration products. Our Group then expanded the trading of filtration-related products to include water filter cartridges and charcoal fines and granules, and the trading and distribution of fast moving consumer products.

In pursuing a long term sustainable business model that would contribute to positive returns, our Group diversified into oil bunkering and trading. In 2015, our subsidiary, Selatan Bunker (M) Sdn Bhd, commenced oil trading and bunkering via a collaboration agreement with Tumpuan Megah Development Sdn Bhd.

Bunkering services refers to the provision of marine fuels to ships, as well as other ocean faring vessels, such as oil tankers, container vessels, cargo vessels, cruise ships and ferries, as well as vessels utilised in the upstream oil and gas industry such as offshore support vessels, submersible and semisubmersible rigs and FPSO vessels.

Customer included REPSOL, PERDANA, BUMIARMADA, PETRA, VELESTO, ENSCO.

STRAITS will be benefited into oil and gas industry

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Stock: [STRAITS]: STRAITS ENERGY RESOURCES BERHAD

2021-03-07 10:32 | Report Abuse

新加坡上市公司成主要股东海峡物流交投炽热
Chinapress Tue, Mar 02, 2021 01:40am - 7 hours ago

（吉隆坡1日讯）新加坡上市公司合众控股（Avarga）独资子公司Avarga投资（Avarga Investment），在买入海峡物流（STRAITS，0080，主要板交通与物流）10%股权后，崛起成为该公司主要股东之一。

海峡物流向马证交所报备，Avarga投资是以每股17.5仙的价码，在场外买入公司约7810万股，相等于10%股份。海峡物流今日交投炽热，闭市起1.5仙至20仙，成交量高达1亿924万股。

目前市值约10亿令吉的合众控股是一家投资控股公司，主要从事造纸、发电和建材分销业务。该公司在5个国家运营，拥有逾800名员工，年营业额达45亿令吉。

何锦财冀朝向更好的发展。
何锦财冀朝向更好的发展。
海峡物流在文告指出，合众控股在入股后，有意在长期与公司寻求进一步的策略性合作。

海峡物流集团董事经理拿督斯里何锦财说，公司欢迎新的策略股东，并期待双方可缔造新的协同效益，引领公司朝向更好的发展。

海峡物流主要从事石油贸易和燃料加注服务、船舶管理、港口运营和管理、内陆运输和投资控股业务。该公司持股55%的子公司Tumpuan Megah发展在国内15个港口营运，并拥有13艘船只。

此外，根据合众控股2019年的年报，The Edge媒体集团主席拿督童贵旺和新加坡著名商人林荣福皆是该公司的主要股东之一。其中，后者直接持股约19.35%。

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Stock: [MMCCORP]: MMC CORPORATION BHD

2021-03-06 23:19 | Report Abuse

STRAITS will be benefited into oil and gas industry

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Stock: [MMCCORP]: MMC CORPORATION BHD

2021-03-06 23:18 | Report Abuse

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Stock: [STRAITS]: STRAITS ENERGY RESOURCES BERHAD

2021-03-06 10:48 | Report Abuse

Customer included REPSOL, PERDANA, BUMIARMADA, PETRA, VELESTO, ENSCO.

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Stock: [STRAITS]: STRAITS ENERGY RESOURCES BERHAD

2021-03-06 10:45 | Report Abuse

Straits Group provides oil trading & bunkering services via its subsidiary, Selatan Bunker (M) Sdn Bhd. Under the Collaboration Agreement, Selatan Bunker (M) Sdn Bhd and Tumpuan Megah Development Sdn Bhd agreed to jointly explore and develop the business of carrying out the provision of bunkering services for marine fuel, petroleum and petroleum-based products, comprising the operation as well as marketing and sales of bunkering services.

Selatan Bunker (M) Sdn Bhd is responsible for the sourcing and sale for the marine fuel, petroleum and petroleum-based product, where these products are sourced from Singapore and local supplier, and are supplied to ships off the ports for their own use. On the other hand, Tumpuan Megah Development Sdn Bhd is responsible for providing warehouse management expertise and logistics facilities which include shipping the products directly from the suppliers and delivering these products directly to the customers, with a service fee being levied on customers.

Straits Group offers the following bunkering services

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Stock: [STRAITS]: STRAITS ENERGY RESOURCES BERHAD

2021-03-06 10:44 | Report Abuse

In 2015, our subsidiary, Selatan Bunker (M) Sdn Bhd, commenced oil trading and bunkering via a collaboration agreement with Tumpuan Megah Development Sdn Bhd. In 2016, Selatan Bunker (M) Sdn Bhd obtained the Petroleum Development Act License from Malaysia’s Ministry of Domestic Trade, Cooperative and Consumerism.

Bunkering services refers to the provision of marine fuels to ships, as well as other ocean faring vessels, such as oil tankers, container vessels, cargo vessels, cruise ships and ferries, as well as vessels utilised in the upstream oil and gas industry such as offshore support vessels, submersible and semisubmersible rigs and FPSO vessels. Bunkering can be broadly categorised into onshore bunkering and offshore bunkering, whereby marine fuel is typically pumped into vessels by refuelling vessels barges, product tankers or another ship in harbours, close to shore, or in open waters. Onshore bunkering involves the transfer of marine fuels on a shore-to-ship basis from an onshore facility, whereas offshore bunkering involves the transfer of marine fuels on a ship-to-ship basis.

Bunkering is essentially a marine logistics business, where industry growth is dependent on the volume of marine fuels distributed to end-users, which include amongst others, oil and gas vessels, marine cargo and bulk transporters, military and navy vessels. Thus, growth in global trade and marine transportation, increased activities in the upstream oil and gas industry, and supporting government policies will positively impact the bunkering services industry, benefiting industry players that offer bunkering services.

We currently own two vessels, namely Straits I and Sturgeon. We will continue to expand our fleet to fulfil business requirements and to best support customer needs.

Selatan Bunker (M) Sdn Bhd principally operates from the Pasir Gudang Port and Tanjung Pelepas Port.

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Stock: [STRAITS]: STRAITS ENERGY RESOURCES BERHAD

2021-03-06 00:40 | Report Abuse

Straits will be benefited into oil and gas industry.

Stock

Stock: [STRAITS]: STRAITS ENERGY RESOURCES BERHAD

2021-03-06 00:39 | Report Abuse