Kuala Lumpur, 8 January 2023 – ASIC OFFSHORE & MARINE SDN BHD(ASIC)announced today that they have signed a Memorandum of Understanding with PT DOK DAN  PERKAPALAN KODJA BAHARI (PESERO) (PT DKB)thus entering an exciting phase of a strategic partnership.

The MOU signing, which was held at Hotel Grand Hyatt, Jakarta, Indonesia earlier today, was witnessed and endorsed by The Honourable Prime Minister of Malaysia, YAB Dato Seri Anwar Ibrahim, YB Senator Tengku Zafrul Abdul Aziz, Minister of Trade and Industry (MITI), YB Zambry Abdul Kadir, Minister of Foreign Affairs together with Indonesian counterpart The Honourable Minister for Public Works and Housing Dr. Ir. M. Basuki Hadimuljono and The Honourable Minister of Foreign Affairs, Retno Lestari Priansari Marsudi. The event was organized by the Ministry of Trade and Industry (MITI) and Malaysia External Trade Development Corporation (MATRADE) and facilitated by the Embassy of Malaysia, Jakarta together with the Government of the Republic of Indonesia.

According to the agreement, both ASIC and PT DKB will be able to fully leverage their expertise in their respective fields and work together more closely towards their common goal of capturing a bigger market share and more opportunities mainly in the areas of Oil & Gas and Maritime Industry specializing in Design & Engineering, New Building, Repair & Maintenance and Ship Management, in the short and long-term projects.

Mr Jazli Rahimi, Group Managing Director of ASIC OFFSHORE & MARINE SDN BHD said “ASICis strongly confident that the cooperation with PT DKB will further strengthen ASIC’s footprint in the Asia Pacific. We are looking towards a long-term economic development where doors will be opened for Malaysian companies to carry out businesses in Indonesia via ASIC. Our aim ultimately is to become the market enabler by providing a platform for Malaysian companies to enter the Indonesian market.”He further added “The collaboration with PT DKB, a BUMN (State Owned Company) company as our strategic partner in Indonesia shall enhance our strong brand image and presence in the local industry with the estimated contract value of RM500 million projected within the next two years.

Mrs. Nur Farina Khalil, Group Executive Director of ASIC Offshore& Marine Sdn Bhd, added that ASIC Group of Companies – PT ASIC Energi Nusantara and ASIC Shipping and Renewable Sdn Bhd will strengthen their commitment towards providing a dynamic total solution for the MOU to support the long-term economic development in Indonesia, which is consistent with ASIC’s vision to bring Malaysia’s expertise to the global market.

Mr Errie Tri Rosadi, SE Marketing Director (Indonesia) added “I am confident that our MOU with PT DKB will create a unique synergy that will give us even greater ability to serve the economic growth in Malaysia and Indonesia. With both companies as leading innovators in their respective fields, this partnership also builds on our shared commitment towards the growth and development of our presence in Indonesia and worldwide.’’

About ASIC OFFSHORE & MARINE SDN BHD

ASIC Offshore & Marine Sdn Bhd was incorporated in the year 2005 as a 100% Bumiputera company. ASIC is an international services provider that provides conventional and unique technology and solutions in the fields of new build and in-situ repairs in the marine, offshore, and oil & gas industries for over 18 years. The company has progressed throughout the years embracing the core expertise in design & engineering, shipbuilding, maintenance, and repairs focusing on SEA, South America and Africa regions. As a testament to the company’s commitment to quality, ASIC has been accredited with ISO certifications and has also received several appreciations from plant owners, shipyard operators as well as vessel owners.

About ASIC SHIPPING & RENEWABLE SDN BHD

ASIC Shipping & Renewable Sdn Bhd (ASIC-SR) a subsidiary of ASIC GROUP offers a wide range of maritime services ecosystem from vessel chartering, ship management, logistic and transportation solutions, sales & purchase also trading, and supplies of maritime goods. With an extensive network of industry and backed by market intelligence, ASIC-SR provides authoritative insight and strategic advisory to clients at every stage ensuring maximizing efficiencies on every transaction.

ASIC-SR through our Renewable segment is working towards combat climate change and reducing the environmental impact while delivering our services. Our net carbon zero journey baby-step is to partner with Offshore/Onshore Renewables projects. ASIC-SR strives to become the leading marine supply chain expert supporting all energy sources.

About PT ASIC ENERGI NUSANTARA

In 2022, ASIC Offshore & Marine Sdn Bhd expanded their business by establishing PT ASIC Energi Nusantara to drive strategic initiatives for long-term economic development in Indonesia whilst pledging to demonstrate the transfer of knowledge and technologies to promote Malaysia Oil & Gas and marine expertise in the region. The establishment of a local Indonesia company entity is to capture market share and a strong foothold in the local industry for both short-term and long-term opportunities for engineering, shipbuilding, ship repair, financial investment for production instruments and production facilities, onshore and offshore engineering, fabrication, installation and commissioning services and offshore asset EPCIC projects for floating (FSO/FPSO/FLNG/Calm Buoys) and fixed platforms with Customer mainly PERTAMINA and any other major oil and for business shipbuilding and ship repair from national shipping company which in the region of Indonesia. The synergy of joint venture partnership collaboration between these two companies – ASIC representing Malaysia and PT DKB representing Indonesia shall strengthen the business ties between the two countries.

About PT DOK DAN PERKAPALAN KODJA BAHARI

PT. Dok & Ship and Kodja Bahari (Persero) is a State-Owned Government Company (BUMN) the result of the merger of 4 (four) Shipbuilding Companies in accordance with Government regulations of the Republic of Indonesia. Currently, PT. Dok and Kodja Bahari (Persero) have 8 (eight) Shipyards in Indonesia focusing on new builds and upgrades of shipbuilding and ship repair focusing on BUMN companies in Indonesia.