Saturday, April 3, 2010

PENNY STOCK ALERT

WAH SEONG CORP BHD 

 

Wah Seong Corporation Berhad provides various services and products primarily to the oil and gas industry. The company’s Oil and Gas division engages in the provision of pipe coating services; provision of corrosion engineering, cathodic protection, inspection, corrosion testing, and failure analysis services; and manufacture, supply, and installation of sacrificial anodes. It also involves in the design and installation of equipment for the handling and coating of steel pipe; manufacture of spiral-welded steel and general structural pipes; fabrication and rental of gas compressors and process equipment; and design, installation, and commissioning of special tanks, pressure vessels, and piping. In addition, this division engages in the engineering design and fabrication of process equipment for the oil and gas industry, power stations, and water treatment plants; rental and maintenance of oil and gas process plants and equipments; and design, engineering, and construction of boiler and energy systems. Further, it provides offshore filtration systems, equipment, and technical services; non-destructive testing and other specialized integrated inspection services; drilling supplies and services; rock roller bits; hose, fittings, and other equipment; and installation, assembly, certification, and testing services. The company’s Industrial Services division provides oil palm processing equipment, spare parts, and equipment servicing for the agro based industry; industrial blowers and spare parts; and spiral welded steel pipes and fittings for water transmission and infrastructure. This division also engages in the manufacture and distribution of various building materials; installation services of metal roofing; provision of specialized processing equipment; and sale and service of turbines and equipment. It operates primarily in the Asia Pacific, the Middle East, Africa, and the Americas. The company was founded in 1994 and is headquartered in Kuala Lumpur, Malaysia.

WASEONG-CA

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