Established subsidiaries in India & Malaysia

Successfully completed major projects in Shell and ExxonMobil; Established subsidiaries in India and Malaysia

Launched Work-Life Balance Program

Employee Strength of 800

Employee strength grew to 800, up from 100 in 2006, with major investments in marine equipment and capability-building

Revenue > S$50M

Revenue exceeded S$50 million for the first time. Established Hsing Loong Management Pte Ltd (Logistics subsidiary)

Positioned for Exponential Growth

Invested in a 100,000 sqf factory at 5 Gul Lane. FY 2007 – S$17m

Successfully penetrated into all major plants

Jurong Island

Expanded Business

Expanded business in the process industry; won a major contract with ExxonMobil

ISO Safety & Quality

Achieved ISO Safety & Quality Certification

First Jetty Project

Awarded first jetty project at Pulau Ayer Merbau (PCS)

First Marine Project

Seawater Intake Station and Upgrade / revamp of Wharf 6 at Pulau Bukom for Shell Eastern Petroleum Limited