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Malaysia Lng Tiga Sdn. Bhd. (Malaysia)

Main Activities: Natural Gas Distribution
Full name: Malaysia Lng Tiga Sdn. Bhd. Profile Updated: February 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Malaysia LNG Tiga Sdn. Bhd. distributes gas in Malaysia. On 31st March 1978, PETRONAS signed a Joint Venture Agreement with Shell Gas B.V of The Netherlands and Mitsubishi Corporation of Japan for the development of the LNG project in Bintulu. Following this, Malaysia LNG Sdn Bhd (MLNG) was incorporated on 14th June 1978. PETRONAS initially held 65 percent equity in the joint venture company with Shell Gas B.V and Mitsubishi Corporation each holding 15 percent, and the Sarawak State Government five percent. MLNG consist of 3 trains with a total combined capacity of 8.1 million tonnes (mtpa) per annum. The Company ("MLNG Tiga") was incorporated on 8th Nov 1995 to manage and operate the third LNG plant. The company was incorporated in 1995 and is based in Kuala Lumpur.

Headquarters
Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre
Kuala Lumpur; Federal Territories; Postal Code: 50088

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Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 08, 1995
Key Executives
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Chairman
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Director
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Director
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Director
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Director
Ownership Details
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75%
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25%
Company Performance
Financial values in the chart are available after Malaysia Lng Tiga Sdn. Bhd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
71.03%
Total operating revenue
71.03%
Operating profit (EBIT)
209.47%
EBITDA
166.01%
Net Profit (Loss) for the Period
155.96%
Total assets
45.78%
Total equity
25.24%
Operating Profit Margin (ROS)
17.09%
Net Profit Margin
8.54%
Return on Equity (ROE)
77.13%
Debt to Equity Ratio
-15.6%
Quick Ratio
-0.46%
Cash Ratio
-0.11%

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