Nature of Business

Handal Energy Berhad is a Malaysia-based investment holding company.

• • The Company’s business operations include ram luffing cranes, rope luffing cranes, crane rentals, lifting solutions, parts and component supply, manufacturing, and digitalization.
  • The Company’s segments include Investment Holding, Integrated Maintenance, Repair and Overhaul services, Inspection, maintenance and repair pipeline and structures, and Other segments.
  • The Integrated Maintenance, Repair and Overhaul services segment includes provision of crane rental, maintenance overhaul and repair along with turbo machinery maintenance, repair, and overhaul.
  • The Inspection, maintenance and repair pipeline and structures segment includes provision of fabrication, maintenance and engineering services for risers, pig traps and pipeline isolations, and others.
  • The Other segment include crane manufacturing, mining, digital business, project management consultancy services in well services, and pre-operating entities.