Avangaad Bhd. Stock Analysis EATECH.KL

Avangaad Bhd.engages in the provision of port marine services, engineering, procurement, construction, installation, and commissioning of floating storage and offloading vessels. The company is headquartered in Kuala Lumpur, Wilayah Persekutuan and currently employs 463 full-time employees. The company went IPO on 2014-12-11. The company is positioned as the Marine COP - Coordinator, Operator, and Partner - delivering end-to-end maritime solutions anchored in its 4P mode: Port, People, Product, and Platform. The company delivers a full spectrum of services across four core marine business lines: Tugboats, Tankers (Downstream), Offshore Storage Solutions and Offshore Support Vessels. Tugboats include harbor and ocean-going tugboats, providing towage, escort assistance, mooring and dockside services, environmental monitoring, and others. Tankers (Downstream) include the chartering of various tankers for the transportation of petroleum products across regional routes. Offshore Storage Solutions include the provision of floating storage units and Floating Production Storage and Offloading vessels. Offshore Support Vessels include the operation of fast crew boats.