Group Structure

Country of Incorporation: Malaysia

Investment holding company which is listed on the main market of Bursa Malaysia Securities Berhad

100%

Country of Incorporation: Malaysia

Formerly known as Handal Offshore Services Sdn Bhd

Effective Interest: 100% of Handal Energy Berhad

Principal Activity:

Overhaul and maintenance, manufacturing or fabrication of new offshore pedestal cranes, offshore crane rental business, workover projects and other services such as supply of manpower and parts

100%

Country of Incorporation: USA

Effective Interest: 100% of Handal Offshore Services Sdn Bhd

Principal Activity:

Purchasing of crane parts and other materials of HOSSB

85%

Country of Incorporation: Malaysia

Effective Interest: 100% of Handal Energy Berhad

Principal Activity:

Fabrication and machining, building of oil and gas modules, skids, supply of oil and gas equipment

100%

Country of Incorporation: Malaysia

Formerly known as Handal Technologies Sdn Bhd

Effective Interest: 100% of Handal Energy Berhad

Principal Activity:

Developing and providing new technologies and innovative solutions for the oil and gas industry

51%

Country of Incorporation: Malaysia

Effective Interest: 51% of Handal Energy Berhad

100%

Country of Incorporation: Malaysia

Effective Interest: 100% of Handal Ocean Asset Sdn Bhd

100%

Country of Incorporation: Malaysia

Effective Interest: 100% of Handal Energy Berhad

Principal Activity:

Selling of industrial plant and equipment and telecommunication equipment

99.82%

Country of Incorporation: Malaysia

Effective Interest: 99.82% of Handal Energy Berhad

Principal Activity:

Consultants in engineering project support services

51%

Country of Incorporation: Malaysia

Effective Interest: 51% of Handal Energy Berhad

Principal Activity: Pipeline & Structural Maintenance, Platform Maintenance, Underwater Inspection, Mobile Offshore Solutions.