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Words: 2,500 | Submitted: Mon May 26 2008
... in value). *(The used of audited financial reports for year 2006 because the reports for 2007 has not yet been published)* * Besides of construction development, Muhibbah also diversify its core business and successfully involved in manufacturing of cranes, building material, aviation support equipment, ship building and ship repair. Nonetheless, Muhibbah has established itself in the oil & gas construction industry and has successfully completed many ventures abroad. * Recently, Muhibbah involved in joint-ventures that hold stakes in airport concessions expiring in 2040 for Phnom Penh International Airport, Siem Reap International Airport, and Sihanoukville International Airport. This wills contribute positively to the company's profit. 3.0 THE COMPANY BACKGROUND 3.1 Company's History Muhibbah had its beginnings in 1972 when it was incorporated as specialist in marine and civil engineering and construction company. In 1994 the company was listed on the Main Board of Kuala Lumpur Stock Exchange (KLSE). From 1994 to 2000 Muhibbah was ventured into ...
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