Benalec Holdings Stock

Benalec Holdings Berhad is a Malaysia-based investment holding company. Its segments include land reclamation services, disposal of land held for sale, vessel chartering and marine transportation, and other operating segment. Land reclamation services segment provides marine construction services, which include land reclamation, dredging and beach nourishment; rock revetment works, shore protection works and breakwater construction; pre-bore and marine piling; construction of marine structures, bridges, jetties, ports and other offshore and ancillary services, and sales of marine construction materials. Disposal of land held for sale segment is engaged in the disposal of reclaimed land received as compensation for in-kind settlement contracts, which are available for immediate sale in its present condition. Vessel chartering and marine transportation segment charters vessels on time and voyage charters. Other operating segment comprises investment holding and properties held for sale.