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MTQ Corporation Limited (M05.SI)

SES - SES Delayed price. Currency in SGD
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0.3550-0.0050 (-1.39%)
At close: 04:58PM SGT

MTQ Corporation Limited

100 Tuas South Avenue 8
Singapore 637424
Singapore
65 6777 7651
https://www.mtq.com.sg

Sector(s)Energy
IndustryOil & Gas Equipment & Services
Full-time employees414

Key executives

NameTitlePayExercisedYear born
Mr. Boon Wee KuahGroup CEO, MD of Oilfield Engineering Division Operations & Executive Director437kN/A1967
Ms. Lee Fang TanGroup Financial Controller & Company Secretary163kN/AN/A
Mr. Ian Robert HortinManaging Director of Premier Sea & Land Pte Ltd and Mid-Continent Distribution Pte Ltd270kN/AN/A
Mr. Hai York TanManaging Director of MTQ Engineering Pte Ltd270kN/AN/A
Mr. Sumardi Bin SidiManaging Director of Pemac Pte Ltd279kN/AN/A
Mr. Asif Salim VorajeeManaging Director of MTQ Oilfield Services W.L.L.387kN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.

Description

MTQ Corporation Limited, together with its subsidiaries, provides engineering solutions for oilfield equipment in Singapore, the Kingdom of Bahrain, Australia, and the United Kingdom. It offers engineering services for the servicing, manufacturing, assembly, and fabrication of oilfield equipment, such as valves and blow-out-preventers; rents and sells oilfield equipment and spare parts, such as heat exchanger mud coolers, shale shakers, drilling and spares handling tools, BOP pressure test units and torque tools, mud pumps, valves, drillpipe protectors, safety equipment, and pipeline products, as well as drilling spools, adaptors, and related pressure control drilling equipment; and designs and manufactures proprietary and custom-built pipe support and pipe suspension solutions for the oil and gas industry. The company is also involved in the manufacture of high pressure piping; general steel fabrication and repairing of oilfield equipment; fabrication of pressure vessels; remanufacture of drilling tools; and equipment recertification and rig inspection. It serves the original equipment manufacturers, drilling contractors, and oil and service sectors. The company was formerly known as Metalock Singapore Limited and changed its name to MTQ Corporation Limited in 2003. MTQ Corporation Limited was founded in 1959 and is based in Singapore.

Corporate governance

MTQ Corporation Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.