Tmd Energy Limited's Business Segments

The company operates in the oil, gas, and shipping equipment industry, focusing on marine fuel bunkering services. It supplies and markets various marine fuels, including marine gas oil and marine fuel oils such as high sulfur, low sulfur, and very low sulfur fuel oils, to ships and vessels at sea. The company also provides ship management services for both internal and external vessels, as well as vessel chartering services. Primarily operating in Malaysian waters, it holds over 110 licenses under the 1974 Petroleum Development Act, authorizing it as a physical supplier of marine fuel products in Malaysia. The company manages a fleet of 15 bunkering vessels across 19 Malaysian ports, including Lumut Port, Penang Port, and Port Klang. Administrative offices for bunkering operations are located in Johor Bahru, Malaysia, while vessel chartering services are managed from Labuan. Ship management services are offered mainly to customers in Singapore and Malaysia from an office in Singapore. Its bunkering services encompass ship-to-ship bunkering, submersible bunkering to submersible oil and gas rigs, and semi-submersible bunkering to semi-submersible rigs. The company fuels various vessels, including container vessels, cruise ships, navy ships, and offshore structures such as jackup rigs and drillships.

The Company identified a single reporting unit, as components below the consolidated level lacked discrete financial information and their operating results were not regularly reviewed by the segment manager.