Ship Repairing Company Seeking Loan in Singapore

- We are one of the leaders in pipe fabrication and offshore & marine service contract work in Singapore.

- Our company is ISO 9001 and 45001 certified, OHSAS certified and we have won the TDA and BizSafe Star awards.

- We have 6 projects worth SGD 4.5 million in hand for both pipe fabrication and marine services.

- Company has not been able to acquire new contracts due to the global situation so we have had to work on our in-hand projects, however, from next week we would be able to acquire additional projects as the country opens up.

- We have equal revenue generation from both pipe fabrications and marine services.

- Company has around 4 regular clients and 3-4 ad hoc clients.

- Company's physical assets include machinery, equipment, and vehicles.

- Promoter has over 30 years of experience in the field of pipe fabrication and marine services.

Skids & vessel fabrication, retrofit of vessels, provision of specialists to repair vessels.

Property worth SGD 7 million.

CNC Machine (Oxy & Plasma)

Beveling machines.

Orbital cutting & beveling machines.

Bandsaws.

High-frequency welding machines.

Overhead cranes 5 tons to 15 tons.

Forklifts.

Crane lorry 25 ton.

Lorries 40 Ft.

Production tools.

50,000 Sq Ft Own fabrication facilities.

Equipped with tools & machinery required for structural steel & pipe cutting, bending, fabrication, welding and a crane that has 4x5 tons capacity.

Property loan worth $5,000,000.

Working capital is backed by its own project funds. Self-sufficient for running current & upcoming business.