YEAR IN
REVIEW
AWARDS IN 2014
Mencast Executive
Chairman and CEO,
Glenndle Sim
honoured with Best
Chief Executive
Officer
(Companies with
less than $300
million in market
capitalisation)
in the Singapore
Corporate
Awards 2014.
Mencast awarded
the “Top Company to
Work for in Asia”
at the Asia
Corporate Sustainability
Award 2014.
2
Mencast Holdings Ltd
| Annual Report 2014
From 6,698 sqm of floor space at our IPO in 2008, our floor
space grew to 67,451 sqm at the end of 2014 and will reach
104,901 sqm by the end of 2015 with the completion of our
ramp-up facility and workshop at 42A Penjuru Road.
The Group has completed 8 acquisitions since IPO. In
FY2014, the two largest contributors to revenue and revenue
growth were from Offshore & Engineering and Energy
services, both of which originated from business acquired
after our IPO. Today, the Group is intensely focused on
transforming the inorganic growth from these past
acquisitions into sustainable sources of future growth.
CAPACITY
EXPANSION
ACQUISITIONS
NEW REVENUE
STREAMS
Global growth and prosperity relies on efficient, reliable and
sustainable energy sourcing and delivery. As seen in FY2014,
our Group’s decision to serve the entire Energy Cycle, from
Exploration to Production, Distribution, Maintenance and
Remediation has increased both the growth potential as well
as the resilience to a downturn in our business.
Our successful Trade Mark registration for “Mencast Oil
Recovery System” with Intellectual Property Office of
Singapore will greatly support our service in the Energy
Cycle.
