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Trades about 82% below its sector, cheaper than its peers on earnings.
Muhibbah Engineering (M) Bhd. engages in the oil and gas, marine, infrastructure, civil, and structural engineering contract works in Malaysia and internationally. It operates through Infrastructure Construction, Cranes, Marine Shipbuilding and Ship Repair, and Concession segments. The Infrastructure Construction segment constructs petroleum hub and bunkering facilities, oil and gas terminals, liquefied natural gas jetty works, marine ports, bridges and dams, airport terminal runways and facility support buildings, heavy concrete foundations, and others. The Cranes segment designs, manufactures, supplies, trades in, leases, and services offshore oil and gas pedestal, tower, shipyard, and other heavy lifting equipment cranes; and designs, engineers, and services integrated automation solutions, process analyzers, and specialized equipment for various industries. The Marine Shipbuilding and Ship Repair segment designs, engineers, builds, and services anchor handling tugboats, supply and marine vessels, and accommodation ships for the offshore oil and gas exploration, and production works. The Concession segment privatizes international airports in Cambodia and offers road maintenance works. The company also manufactures and services airline support equipment; engages in property development, rental, and trading activities; manufactures and trades in waste heat recovery units and spare parts; manufactures refrigerator containers; and provides marine and offshore leasing, and vessel chartering services, as well as undertakes civil, marine, structural engineering contract, and structural steel fabrication and related works. In addition, it provides management services; hires and repairs cranes; designs, fabricates, trades in, services, and rents winches, hydraulic systems, and material handling equipment; and trades in spare parts. The company was incorporated in 1972 and is headquartered in Klang, Malaysia.
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