We are predominantly an owner and operator of marine vessels, where our business is focused on marine transportation and offshore storage of oil & gas (“O&G”), and provision of port marine services. The Company is involved in the charter of various types of tankers for the transportation and offshore storage of oil & gas, charter of marine tug vessels for the provision of port marine services and charter of Offshore Support Vessels (“OSV”) in the form of fast crew boats to transport personnel/light cargoes between shore and platform, platform and platform and other offshore facilities. As of 17th March 2023, the Company owns and operates a total fleet of 26 marine vessels in our portfolio, which comprises two (2) oil & gas tankers, one (1) Floating Storage & Offloading Unit (“FSU/FSO”), five (5) OSVs and eighteen (18) marine vessels. To strengthen our position in shipping and maritime industry, we also ventured into shipbuilding, ship repair and minor fabrication in 2007 through our subsidiary, Johor Shipyard and Engineering Sdn Bhd (“JSE”), which operating on a 20 acres land in Hutan Melintang, Perak. JSE has been selected as “Outstanding Ship Builder 2017” by Ministry of Transport in 2018. Recently, in 2021, JSE has been shortlisted among ten (10) other top shipyards in Malaysia for the Petronas Offshore Safina Project. Libra Perfex Precision Sdn Bhd as our wholly owned subsidiary is providing tugboats for the operations of Petronas Floating LNG (L) Ltd (“PFLNG).