从"天天都是星期天"的blog modify 来的。
更多关于Maybulk的文章，可以去看看: http://ohaiyo99.blogspot.com/
BDI 的波动, 就像股市的波动. 没有人知道, 几时晴天, 几时打雷下雨.
反而, 股价随着 BDI 的下跌, 提供了另一次入场的时机.
BDI 会跌至何种程度, 没有人可以预测得到. 不过, 我相信 “反向”, 更相信:
优秀的管理层 – 大马糖王的公司
强劲的现金流
超高的股息, ROE
优秀的生意模式 + 不必缴税的生意
处于优秀地理位置的航运线 – 中国及印度强劲的经济成长
出租船只生意, 不受高油价的直接影响
郭鹤年庞大的生意王国和人脈
看看它最新的业绩表现. 除了航运的业务, 它还有一个我个人觉得非常突出的生意模式 – 选择性的出售货船.
货船看似像飞机, 汽车般的大宗物业, 实际上却有很大的区别. 这区别就是在于 – “资产” vs “消费品”.
飞机和汽车, 很明显的是属于长期贬值的物品.
而货船却不一定. 货船在航运业好景时, 不止新船, 连旧船也身价百倍. 再加上航运业的盈利是免税的,
所以, 这就是为何它的净盈利相对的高, 而有售船的季度, 净盈利甚至还高于营业额.
查看最新BDI指数：http://www.dryships.com/index.cfm?get=report
Showing posts with label 有关Maybulk. Show all posts
Showing posts with label 有关Maybulk. Show all posts
Monday, September 22, 2008
Saturday, September 20, 2008
BDI指数对干散货注入的影响
之前整理出来的，忘记了出处。
BDI指数到底是什么呢？
BDI指数的英文全称是Baltic Dry Index，它反映的是整个干散货运输市场的指数，是由处于伦敦的波罗的海航交所负责发布。
它起先由不同航线的运价综合计算所得，经过不断的航线和船型调整，现时由BCI、BPI和BHMI根据确立的原则综合计算而来。
BCI(Baltic Capesize Index)是反映好望角型船舶市场的运价指数；
BPI(Baltic Panamax Index)是反映巴拿马型船舶市场的运价指数；
BHMI(Baltic Handymax Index)是反映大灵便型船舶市场的运价指数。
而这三者是干散货运输的船型，干散货主要包括铁矿石、煤矿、金属矿石、粮食、钢铁、木材、化肥、水泥等。
BDI指数上涨，就是干散货运价上涨的直接反应。BDI指数几乎起着世界经济晴雨表的重要作用，一般来讲，世界经济持续增长，国际贸易活跃，BDI指数就上涨，相反就会下跌。
干散货利润有两种因素不能忽视：一是油价和人力成本的上升；二是期租价格和现租价格的比例。油价上升肯定加大了公司的成本开支，但公司同时对油价进行了部分锁定，同时油价提高后公司会相应提高燃油附加费。至于期租价格和现租价格的比例，这种比例很难具体测算，但可以肯定的是，与大型货主签订的合同采取灵活的价格浮动形式，运价低迷时，公司运价能够有一定程度上浮；运价高涨时，公司给予货主一定折扣。这种上浮和折扣，一般与正常报价差距不大。
BDI指数到底是什么呢？
BDI指数的英文全称是Baltic Dry Index，它反映的是整个干散货运输市场的指数，是由处于伦敦的波罗的海航交所负责发布。
它起先由不同航线的运价综合计算所得，经过不断的航线和船型调整，现时由BCI、BPI和BHMI根据确立的原则综合计算而来。
BCI(Baltic Capesize Index)是反映好望角型船舶市场的运价指数；
BPI(Baltic Panamax Index)是反映巴拿马型船舶市场的运价指数；
BHMI(Baltic Handymax Index)是反映大灵便型船舶市场的运价指数。
而这三者是干散货运输的船型，干散货主要包括铁矿石、煤矿、金属矿石、粮食、钢铁、木材、化肥、水泥等。
BDI指数上涨，就是干散货运价上涨的直接反应。BDI指数几乎起着世界经济晴雨表的重要作用，一般来讲，世界经济持续增长，国际贸易活跃，BDI指数就上涨，相反就会下跌。
干散货利润有两种因素不能忽视：一是油价和人力成本的上升；二是期租价格和现租价格的比例。油价上升肯定加大了公司的成本开支，但公司同时对油价进行了部分锁定，同时油价提高后公司会相应提高燃油附加费。至于期租价格和现租价格的比例，这种比例很难具体测算，但可以肯定的是，与大型货主签订的合同采取灵活的价格浮动形式，运价低迷时，公司运价能够有一定程度上浮；运价高涨时，公司给予货主一定折扣。这种上浮和折扣，一般与正常报价差距不大。
转帖: MAYBULK, the Shipping Stock You Can’t Ignore
有人问我什么是BDI.
希望这篇文章有助你了解BDI和散装货运的运作。
仔细阅读，会学习到很多。我以前在shipping line时曾经拿course学习过。
忘记得七七八八了，算是温故而知新吧。
一年前的文章。
Date: September 25th, 2007
From: http://feedfury.com/content/8667488-maybulk_the_shipping_stock_you_can_t_ignore.html
When people talk about tycoons, you can’t float too far away without taking a hard look at shipping industry. Pre-technology age, building an empire (always associated with shipping) was a hard work which not only required huge resources but also tons of precious time. Shipping tycoons such as Y.K. Pao, Robert Kuok, Li Ka-shing, the late “Godfather” Henry Fok Ying-tung and even former Hong Kong Chief Executive Tung Chee-hwa built or inherited their wealth from shipping business, one way or another.
And so, when former premier Mahathir tried to create his own shipping tycoon in the form of none other than his son, Mirzan Mahathir, it raised everyone’s eyebrows. Public quietly accept while oppositions cried the model of nepotism or favoritism. The economy was booming and the stock price of Mirzan’s new pet Konsortium Perkapalan Bhd (KPB), now known as Konsortium Logistik Berhad (KLSE: KONSORT, stock-code 6157), skyrocketed to market capitalization exceeding RM2.5 billion.
The jolly good time didn’t last, the 1997 Asia Economy Crisis hits and the glory of KPB was reduced to a pile of dust and debts estimated at RM1.8 billion. KPB was on the brink of bankruptcy and Petronas (the state oil giant) was roped in to purchase (bailout) KPB’s shipping assets at a mind-boggling US$220 million. Such scenario goes to show that the business needs real shipping acumen in order to stay afloat else you’ll sink faster than the Titanic.
Knowing Shipping Terminology
Lately you heard of how shipping stocks are doing well due to some bombastic language such as Baltic Dry Index, Baltic Clean Tanker Index and Baltic Dirty Tanker Index. Just like energy-related stocks rely on the daily global oil price and telecommunication relies on ARPU (average revenue per user) as its measurement of business, shipping industry has its own terminology as well.
The Baltic Clean Tanker Index measures the cost of carrying refined oil products while the Baltic Dirty Tanker Index is the yardstick for crude oil. Both indexes however have nose-dived. However Baltic Dry Index (BDI) is another totally different animal – today’s (24th Sept 2007) BDI is trading at 9,082.00. BDI’s number changes everyday and depends on London-based Baltic Exchange. Basically the exchange is the common area where all the brokers around the world will spell out the booking cost for various cargoes of raw materials on various routes. Together with speed and type of ship plus the estimated time-frame of a voyage, it produces the BDI.
Bulk container carriers specifically carry unfinished goods such as building materials, cement, grain, coal, iron ore and so on. BDI is probably the most reliable and honest indicator of the economy simply because people don’t book freighters unless they need to move cargo around the globe. But the argument is always that the bullishness in BDI is merely due to China’s huge appetite for raw materials.
MAYBULK Fundamentals
Malaysian Bulk Carriers Berhad (KLSE: MAYBULK, stock-code 5077) is probably one of the shipping stocks preferred by most investors. While players such as Halim Mazmin Berhad (KLSE: HALIM, stock-code 7102) and Malaysian Merchant Marine Berhad (KLSE: MMM, stock-code 7040) found the hard way that the business is not as rosy as it looks after registered losses, MAYBULK is enjoying consistent and excellent business.
MAYBULK’s main focus is in the bulker and tanker segment. Together with 70% of its vessels actively participating in spot charter market, the strategy works like a charm. Although spot charter market gives higher returns, the charter periods are shorter hence creating the idle-time for vessels. However with the correct formula of mix and match to maximize the utilization, MAYBULK’s profit continues to grow. Based on info from its website, the company has 12 Bulk Carriers, 4 tankers and 1 new ship to be delivered in Oct 2007.
To a certain degree having tycoon Robert Kuok as its boss has its advantage. His very-close relationship with China government helps in the business of transporting goods such as coal and iron core which is expected to be up by 9.4% in 2007. For the first half ended June 30, 2007, the company recorded a higher pre-tax profit of RM288.571 million compared with RM143.341 million in the preceding period of last year. Its revenue was also higher at RM253.555 million from RM215.727 million previously while registered net profit of RM129.47 million, an 84.7% increase compared with RM70.11 million in 2Q06.
MAYBULK has been recording good and sustainable profit and has been paying good dividend. In fact it had paid double-digit in terms of cents per share since 2004, with 2006 registered the highest dividend yield or 30 cents per share. Revenue has been on uptrend since and market analysts are estimating another record dividend for the year 2007.
Technical Reading from Chart
Since MAYBULK breached the resistance level of RM3.60 on 9th July 2007, it has never look back. Thereafter the stock actually has been trading within the wave-range of RM3.60 – RM4.40 and the middle value of RM4.00 has been established as the support/resistance level.
Hence, for stock traders, you can actually buy in stages at both RM4.00 level and if this level is breached, buy in another stage at RM3.60 level. The support of RM3.60 should be strong looking at how the stock rebound after 17th Aug 2007 with very high volume. Unless something really bad happen, there’s no justification for the stock to trade below RM3.60 level. Nevertheless with current record level of BDI, it is a dream if you wish to scope at this level.
What analysts said about MAYBULK?
AmResearch said dry-bulk rates were expected to rise further for two more years and it likes Maybulk for its sound manage and has a “Buy” call on the stock with target price of RM5.15 per share. OSK has forecast MAYBULK raking in as much as RM526.3mil in net profits on the back of RM517.2mil in revenue for the financial year ended December 2007. OSK has a fair value of RM4.88 based on MAYBULK’s 11 times price-earnings ratio.
When to jump into the vessel?
To stay afloat, you should trade based on the indicators from the technical chart – to maximize profit. Nevertheless the fundamental is strong and if you wish to long now believing the stock will jumps above RM4.40 comes the next earning announcement, nobody can stop you really. Alternatively you might want to study Swee Joo Berhad or Hubline Berhad as the shipping stocks (I’ll leave that as another discussion at another time). As part of the best practice in stocks investing, diversification is the name of the game and you should seriously consider a transportation stock in you portfolio. What better stock than MAYBULK which has the support of Robert Kuok?
希望这篇文章有助你了解BDI和散装货运的运作。
仔细阅读，会学习到很多。我以前在shipping line时曾经拿course学习过。
忘记得七七八八了，算是温故而知新吧。
一年前的文章。
Date: September 25th, 2007
From: http://feedfury.com/content/8667488-maybulk_the_shipping_stock_you_can_t_ignore.html
When people talk about tycoons, you can’t float too far away without taking a hard look at shipping industry. Pre-technology age, building an empire (always associated with shipping) was a hard work which not only required huge resources but also tons of precious time. Shipping tycoons such as Y.K. Pao, Robert Kuok, Li Ka-shing, the late “Godfather” Henry Fok Ying-tung and even former Hong Kong Chief Executive Tung Chee-hwa built or inherited their wealth from shipping business, one way or another.
And so, when former premier Mahathir tried to create his own shipping tycoon in the form of none other than his son, Mirzan Mahathir, it raised everyone’s eyebrows. Public quietly accept while oppositions cried the model of nepotism or favoritism. The economy was booming and the stock price of Mirzan’s new pet Konsortium Perkapalan Bhd (KPB), now known as Konsortium Logistik Berhad (KLSE: KONSORT, stock-code 6157), skyrocketed to market capitalization exceeding RM2.5 billion.
The jolly good time didn’t last, the 1997 Asia Economy Crisis hits and the glory of KPB was reduced to a pile of dust and debts estimated at RM1.8 billion. KPB was on the brink of bankruptcy and Petronas (the state oil giant) was roped in to purchase (bailout) KPB’s shipping assets at a mind-boggling US$220 million. Such scenario goes to show that the business needs real shipping acumen in order to stay afloat else you’ll sink faster than the Titanic.
Knowing Shipping Terminology
Lately you heard of how shipping stocks are doing well due to some bombastic language such as Baltic Dry Index, Baltic Clean Tanker Index and Baltic Dirty Tanker Index. Just like energy-related stocks rely on the daily global oil price and telecommunication relies on ARPU (average revenue per user) as its measurement of business, shipping industry has its own terminology as well.
The Baltic Clean Tanker Index measures the cost of carrying refined oil products while the Baltic Dirty Tanker Index is the yardstick for crude oil. Both indexes however have nose-dived. However Baltic Dry Index (BDI) is another totally different animal – today’s (24th Sept 2007) BDI is trading at 9,082.00. BDI’s number changes everyday and depends on London-based Baltic Exchange. Basically the exchange is the common area where all the brokers around the world will spell out the booking cost for various cargoes of raw materials on various routes. Together with speed and type of ship plus the estimated time-frame of a voyage, it produces the BDI.
Bulk container carriers specifically carry unfinished goods such as building materials, cement, grain, coal, iron ore and so on. BDI is probably the most reliable and honest indicator of the economy simply because people don’t book freighters unless they need to move cargo around the globe. But the argument is always that the bullishness in BDI is merely due to China’s huge appetite for raw materials.
MAYBULK Fundamentals
Malaysian Bulk Carriers Berhad (KLSE: MAYBULK, stock-code 5077) is probably one of the shipping stocks preferred by most investors. While players such as Halim Mazmin Berhad (KLSE: HALIM, stock-code 7102) and Malaysian Merchant Marine Berhad (KLSE: MMM, stock-code 7040) found the hard way that the business is not as rosy as it looks after registered losses, MAYBULK is enjoying consistent and excellent business.
MAYBULK’s main focus is in the bulker and tanker segment. Together with 70% of its vessels actively participating in spot charter market, the strategy works like a charm. Although spot charter market gives higher returns, the charter periods are shorter hence creating the idle-time for vessels. However with the correct formula of mix and match to maximize the utilization, MAYBULK’s profit continues to grow. Based on info from its website, the company has 12 Bulk Carriers, 4 tankers and 1 new ship to be delivered in Oct 2007.
To a certain degree having tycoon Robert Kuok as its boss has its advantage. His very-close relationship with China government helps in the business of transporting goods such as coal and iron core which is expected to be up by 9.4% in 2007. For the first half ended June 30, 2007, the company recorded a higher pre-tax profit of RM288.571 million compared with RM143.341 million in the preceding period of last year. Its revenue was also higher at RM253.555 million from RM215.727 million previously while registered net profit of RM129.47 million, an 84.7% increase compared with RM70.11 million in 2Q06.
MAYBULK has been recording good and sustainable profit and has been paying good dividend. In fact it had paid double-digit in terms of cents per share since 2004, with 2006 registered the highest dividend yield or 30 cents per share. Revenue has been on uptrend since and market analysts are estimating another record dividend for the year 2007.
Technical Reading from Chart
Since MAYBULK breached the resistance level of RM3.60 on 9th July 2007, it has never look back. Thereafter the stock actually has been trading within the wave-range of RM3.60 – RM4.40 and the middle value of RM4.00 has been established as the support/resistance level.
Hence, for stock traders, you can actually buy in stages at both RM4.00 level and if this level is breached, buy in another stage at RM3.60 level. The support of RM3.60 should be strong looking at how the stock rebound after 17th Aug 2007 with very high volume. Unless something really bad happen, there’s no justification for the stock to trade below RM3.60 level. Nevertheless with current record level of BDI, it is a dream if you wish to scope at this level.
What analysts said about MAYBULK?
AmResearch said dry-bulk rates were expected to rise further for two more years and it likes Maybulk for its sound manage and has a “Buy” call on the stock with target price of RM5.15 per share. OSK has forecast MAYBULK raking in as much as RM526.3mil in net profits on the back of RM517.2mil in revenue for the financial year ended December 2007. OSK has a fair value of RM4.88 based on MAYBULK’s 11 times price-earnings ratio.
When to jump into the vessel?
To stay afloat, you should trade based on the indicators from the technical chart – to maximize profit. Nevertheless the fundamental is strong and if you wish to long now believing the stock will jumps above RM4.40 comes the next earning announcement, nobody can stop you really. Alternatively you might want to study Swee Joo Berhad or Hubline Berhad as the shipping stocks (I’ll leave that as another discussion at another time). As part of the best practice in stocks investing, diversification is the name of the game and you should seriously consider a transportation stock in you portfolio. What better stock than MAYBULK which has the support of Robert Kuok?
投资计划(七)
Maybulk来到Rm3.00, 算是到达我set好要买入的价钱了。
我也不懂会不会再下降，不过这次很耐心的等到了我的"购入目标价".
18日马股破千点，看到Maybulk以RM2.89成交, 有点后悔没有排队。
虽然我相信将来可能股价会更低，不过也是我买入的时侯了。
了解到航运业属于周期性的行业，也受英国BDI指数的影响。
但是欣赏Maybulk的管理层，加上我对sea freight & logistics的认识。
Maybulk从一开始就得到我的注意。
继续观察BDI指数& 股价趋势多一个星期，如果一切符合我的想法，就不要想太多了。
希望我投资成功。
Maybulk 大马散装货运 (摘自<<股市资讯>>九月刊)
主席: Teo Joo Kim
总裁: Kuok Khoon Kuan
业务:
[1H08营业额]干散装货运船(88.7%), 油槽船(10.7%), 船舶经纪与管理及其他(0.6%)
分析:
3 买入 [平均目标价RM3.58]
1 持守 [RM3.80]
2 卖出 [RM2.95]
透视：
尽管世界经济放缓及对美国经济局势的担忧存在，公司仍认为FY08干散装货运市场将保持稳定。波罗的海综合指数自07年11月起走下坡，因气候不佳及中国铁矿价格洽商的事宜。07年6月，公司以USD$36.5M收购Towertime控股。07年4月，子公司订购两艘单螺旋桨柴油机驱动产品/化学品船。
1H08营业额和盈利均取得增长，由于干散装货运市场强劲。干散装领域的前景向好，公司对FY08感乐观。
07年ROE: 32.13%, PE: 6.3.
===================================================================
个人看法: 股价短期偏低。长期投资，看好Maybulk越稳健成长。
欢迎各个路过者写下看法。尽可能搜集各方面的看法与资料。
总裁: Kuok Khoon Kuan
业务:
[1H08营业额]干散装货运船(88.7%), 油槽船(10.7%), 船舶经纪与管理及其他(0.6%)
分析:
3 买入 [平均目标价RM3.58]
1 持守 [RM3.80]
2 卖出 [RM2.95]
透视：
尽管世界经济放缓及对美国经济局势的担忧存在，公司仍认为FY08干散装货运市场将保持稳定。波罗的海综合指数自07年11月起走下坡，因气候不佳及中国铁矿价格洽商的事宜。07年6月，公司以USD$36.5M收购Towertime控股。07年4月，子公司订购两艘单螺旋桨柴油机驱动产品/化学品船。
1H08营业额和盈利均取得增长，由于干散装货运市场强劲。干散装领域的前景向好，公司对FY08感乐观。
07年ROE: 32.13%, PE: 6.3.
===================================================================
个人看法: 股价短期偏低。长期投资，看好Maybulk越稳健成长。
欢迎各个路过者写下看法。尽可能搜集各方面的看法与资料。
新闻: Not all pleased by Maybulk plan for unit
From: http://www.btimes.com.my/Monday/OurPick/jmbc16-2.xml/Article
Published: 2008/09/17
Author: By Jeeva Arulampalam
INVESTMENT analysts gave mixed reviews to a related-party proposal by shipping company Malaysian Bulk Carriers Bhd (Maybulk) to buy into an offshore marine support services unit."
It's not attractive qualitatively. For Maybulk shareholders, what they had bought into was a shipping company and not an oil and gas firm," OSK Research Sdn Bhd acting head of research Chris Eng told Business Times.
An analyst, who declined to be named, added that the investment could eat into Maybulk's future dividend payout as its excess cash is reduced.
On Monday, Maybulk's major shareholder, Singaporean Pacific Carriers Ltd (PCL), invited the former to invest in PCL's wholly-owned unit, PACC Offshore Services Holdings Pte Ltd.
Maybulk would buy new PACC Offshore Services shares valued at US$150 million to US$250 million (RM518 million to RM863 million).
PACC Offshore Services, which provides support services to the offshore oil and gas industry, has more than 70 vessels, with another 52 to be delivered over the next three years.
Eng said that with oil prices falling, it may not be the right time for Maybulk to diversify as offshore vessel charter rates are under pressure.
Some analysts also expressed concern over the related-party deal because of risks such as overvaluation of assets.
Maybulk told Business Times that it would decide on the deal by the middle of next month, after it has considered all aspects of the proposed investment."
Barring unforeseen circumstances, (the deal is) expected to be completed before end-2008," a director said in an e-mail response yesterday.
The director also said that the proposed investment would translate into an equity stake of 13 per cent to 21.7 per cent.
Maybulk views the oil and gas sector as a growth area. Its investment in a second-hand container vessel, which will be converted into an offshore accommodation vessel, marks the group's entry into offshore support services.
Kenanga Investment Bank analyst Liong Chee How said the proposed investment seemed favourable at face value as the offshore oil and gas sector was stable.
CIMB Research analyst Raymond Yap said the sector would do well as long as oil prices remained above US$60 to US$70 (RM207 to RM242) a barrel.
However, both Liong and Yap added that the caveat to the deal was the price.
Kenanga also said in its report that Maybulk's cash coffer of RM1.2 billion as at June 30 2008 was sufficient to finance the proposed investment."
We estimate the group's cash level at RM700 million by year-end, post-investment in PACC Offshore Services, is adequate to support our financial year 2008 dividend forecast of 48 sen," Kenanga said.
It added that the new investment could help mitigate earnings volatility in the bulk shipping business.
Maybulk's share price declined 1.3 per cent to RM3.02 yesterday.
Published: 2008/09/17
Author: By Jeeva Arulampalam
INVESTMENT analysts gave mixed reviews to a related-party proposal by shipping company Malaysian Bulk Carriers Bhd (Maybulk) to buy into an offshore marine support services unit."
It's not attractive qualitatively. For Maybulk shareholders, what they had bought into was a shipping company and not an oil and gas firm," OSK Research Sdn Bhd acting head of research Chris Eng told Business Times.
An analyst, who declined to be named, added that the investment could eat into Maybulk's future dividend payout as its excess cash is reduced.
On Monday, Maybulk's major shareholder, Singaporean Pacific Carriers Ltd (PCL), invited the former to invest in PCL's wholly-owned unit, PACC Offshore Services Holdings Pte Ltd.
Maybulk would buy new PACC Offshore Services shares valued at US$150 million to US$250 million (RM518 million to RM863 million).
PACC Offshore Services, which provides support services to the offshore oil and gas industry, has more than 70 vessels, with another 52 to be delivered over the next three years.
Eng said that with oil prices falling, it may not be the right time for Maybulk to diversify as offshore vessel charter rates are under pressure.
Some analysts also expressed concern over the related-party deal because of risks such as overvaluation of assets.
Maybulk told Business Times that it would decide on the deal by the middle of next month, after it has considered all aspects of the proposed investment."
Barring unforeseen circumstances, (the deal is) expected to be completed before end-2008," a director said in an e-mail response yesterday.
The director also said that the proposed investment would translate into an equity stake of 13 per cent to 21.7 per cent.
Maybulk views the oil and gas sector as a growth area. Its investment in a second-hand container vessel, which will be converted into an offshore accommodation vessel, marks the group's entry into offshore support services.
Kenanga Investment Bank analyst Liong Chee How said the proposed investment seemed favourable at face value as the offshore oil and gas sector was stable.
CIMB Research analyst Raymond Yap said the sector would do well as long as oil prices remained above US$60 to US$70 (RM207 to RM242) a barrel.
However, both Liong and Yap added that the caveat to the deal was the price.
Kenanga also said in its report that Maybulk's cash coffer of RM1.2 billion as at June 30 2008 was sufficient to finance the proposed investment."
We estimate the group's cash level at RM700 million by year-end, post-investment in PACC Offshore Services, is adequate to support our financial year 2008 dividend forecast of 48 sen," Kenanga said.
It added that the new investment could help mitigate earnings volatility in the bulk shipping business.
Maybulk's share price declined 1.3 per cent to RM3.02 yesterday.
Sunday, August 17, 2008
看看Maybulk
Malaysian Bulk Carrier Berhad, Main Board, 5077.KL
公司网址：
http://www.maybulk.com.my
公司简介：
Malaysian Bulk Carriers Berhad was incorporated in 19 November 1988. In 1995, it became the vehicle for a collaboration between Kuok Group and Global Maritime Ventures Berhad, a marine venture capital investment company funded by the Malaysian Goverment through Bank Industri & Teknologi Malaysia Berhad.
On 2 December 2003, MBC was listed on the Main Board of Bursa Malaysia.
The MBC Group is one of the largest shipping enterprises in Malaysia and one of a handful of Malaysian shipping companies engaged in international shipping using its own fleet of vessels. MBC Group presently owns and operates a fleet of vessels comprising dry bulk carriers and product tankers. Apart from shipowning and operation, MBC Group is also engaged in ship management and operates a container depot.
Board of Directors & Position
1 Teo Joo Kim - Executive Chairman
2 Kuok Khoon Kuan - Chief Executive Officer
3 Wu Long Peng - Executive Director
4 Dato' Lim Chee Wah - Non-Executive Non-Independent Director
5 Dato' Tajuddin bin Atan - Non-Executive Non-Independent Director
6 Dato' Capt Ahmad Sufian @ Qurnain bin Abdul Rashid - Non-Executive Independent Director
7 Mohammad bin Abdullah - Non-Executive Independent Director
8 Tay Beng Chai - Non-Executive Independent Director
看董事局就知道，是郭氏企业旗下的成员之一。
公司网址：
http://www.maybulk.com.my
公司简介：
Malaysian Bulk Carriers Berhad was incorporated in 19 November 1988. In 1995, it became the vehicle for a collaboration between Kuok Group and Global Maritime Ventures Berhad, a marine venture capital investment company funded by the Malaysian Goverment through Bank Industri & Teknologi Malaysia Berhad.
On 2 December 2003, MBC was listed on the Main Board of Bursa Malaysia.
The MBC Group is one of the largest shipping enterprises in Malaysia and one of a handful of Malaysian shipping companies engaged in international shipping using its own fleet of vessels. MBC Group presently owns and operates a fleet of vessels comprising dry bulk carriers and product tankers. Apart from shipowning and operation, MBC Group is also engaged in ship management and operates a container depot.
Board of Directors & Position
1 Teo Joo Kim - Executive Chairman
2 Kuok Khoon Kuan - Chief Executive Officer
3 Wu Long Peng - Executive Director
4 Dato' Lim Chee Wah - Non-Executive Non-Independent Director
5 Dato' Tajuddin bin Atan - Non-Executive Non-Independent Director
6 Dato' Capt Ahmad Sufian @ Qurnain bin Abdul Rashid - Non-Executive Independent Director
7 Mohammad bin Abdullah - Non-Executive Independent Director
8 Tay Beng Chai - Non-Executive Independent Director
看董事局就知道，是郭氏企业旗下的成员之一。
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