Principal Activities
Onshore and offshore engineering, procurement, fabrication, construction, safety, operations and maintenance services for the oil and gas, petrochemical, power generation, energy, marine and heavy industries projects; electromechanical installations and engineering consultancy services; marine and structural steel fabrication including new build drilling rigs, offshore platforms, jackets, decks and pressure vessels; fabrication of oil and gas and petrochemical processing equipments; technical, operational and refurbishment services.
Date of Establishment Year
1979
No of Employees
10,000 (N/A Company, 10,000 Group, N/A Headquarters) (As of Aug 16, 2011)
Foreign Stock Market Listing
|
Address:
Media One Al Jaber Tower 24th Floor Dubai Media City P.O. Box 11791 Dubai
United Arab Emirates
Tel: +971 4-446-2857 Fax: +971 4-449-4043 Email:
info@mis.ae
Website:
www.mis.ae
Related Links:
www.rigmetals.com
Acquistion
Status
Complete
Acquirer
Target
Announcement Date
17 Jul 2011
Closing Date
17 Jul 2011
|
Major Shareholders  |
Section Updated: 10Dec10
|
|
|
|
|
|
|
Lamprell
|
Corporate |
UAE |
100.00% |
|
| Direct Investments and Related Entities |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| Global Acquisition and Management Company Limited Incorporation |
Panama |
100.00% |
| MIS International Limited Corporation - Fujairah [via MIS International Limited Incorporation] |
UAE |
100.00% |
| MIS International Limited Incorporated |
UAE |
100.00% |
| MIS International Limited Incorporation |
Panama |
100.00% |
| Marine Investments Company Limited Incorporation |
Panama |
100.00% |
| Maritime International Agency Services Limited Incorporation |
Panama |
100.00% |
| Maurlis International Limited Incorporation |
Panama |
100.00% |
| Rig Metals |
UAE |
100.00% |
| MIS Middle East Construction Company Limited Incorporation [via MIS International Limited Incorporation] |
Panama |
50.00% |
| Litwin PEL |
UAE |
49.00% |
| Maritime Industrial Services Company Limited - Qatar |
Qatar |
49.00% |
| Maritime Industrial Services Company Limited and Partners |
Oman |
49.00% |
| Maritime Industrial Services Arabia Company Limited |
Saudi Arabia |
30.00% |
|
| Investments |
|
|
|
|
| KSAM2 Petrodrill Offshore Incorporation |
Virgin Islands (British) |
10.00% |
| MEJU |
Cayman Islands |
8.70% |
|
Auditors
Banks
Law Firms
| Clyde and Co |
Freshfields Bruckhaus Deringer |
| Financial Results |
31-Dec-09 |
31-Dec-10 |
Yr on Yr |
| |
USD'000 |
USD'000 |
change (%) |
Total revenues  |
477,676
|
385,349
|
(19.33) |
| Net profit |
28,995
|
35,684
|
23.07 |
| Total assets |
435,142
|
314,670
|
(27.69) |
| Paid-up capital |
92,548
|
92,928
|
0.41 |
| Shareholders' Equity |
151,241
|
187,271
|
23.82 |
| Shares outstanding |
46,274
|
46,464
|
0.41 |
| » View Full Financials |
|
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