Profile

Coastal is a Malaysia based marine incorporation that provides marine products and services to the shipping, oil and gas and commodities industries. Our main services include build, charter, repair, maintain and trade of marine vessels, ranging from tug boats, oil barges, dumb barges, landing crafts to offshore supporting vessels and more.

Coastal operates shipyards that cover more than 90 acres of land, just 30 minutes drive from our headquarter next to Sandakan town of Sabah, Malaysia. With the aim for high quality, our shipyards are well equipped with advanced technologies, operated by skilled personnel.

Coastal has a portfolio of local and worldwide customers from many different backgrounds. Our local customers include logistic service providers, navy, shipping agents and commodities providers. Our worldwide customers come from shipping industries and offshore oil and gas industries specialised in diving support, oil and gas production, dredging work, marine construction and pipelaying.

We believe in close interaction with our customers to understand their real needs. By offering a comprehensive range of products and services, we are able to meet individuals' needs at competitive terms. This may explain our fine list of returning customers and we will continue to sail forth and grow beyond!



Stock Quotes





Bursa Symbol: 5071
Currency RM
Last Done: 1.29
Volume ('00): 57,900
Change: -0.01
% Change: -0.77
Day's Range:

1.29 - 1.31

52 Weeks' Range: 1.25 - 1.65
Quotes Updated End Of Day
Updated: 27 Apr 2017

Latest Annual Reports





Annual Report 2016
File Size: 1.5 MB

Click here to download




Annual General Meeting Key Matters



  • Key Matters Discussed in 16th AGM



  • Latest Press


    10/11/2016 The Sun Daily: Coastal Contracts unit, Polaris set up JV company
    31/10/2016 The Edge Markets: Coastal Contracts Bhd aborted its plan to tap into Indonesia's liquefied natural gas (LNG) supply chain
    12/10/2016 Rigzone: Coastal Contracts' unit TML Seeks $5.65M in Damages from 2 Rig Builders
    07/10/2016 The Edge Markets: Coastal Contracts unit gets arbitration notice
    30/08/2016 Rigzone: Malaysia's Coastal Contracts Bullish on Entry into Indonesia's LNG Market
    03/08/2016 Deal Street Asia: Coastal Contracts acquires 49% stake in JSK Gas for $6.6m
    13/06/2016 Kenanga Research: Weathering The Difficult Environment
    08/06/2016 Kenanga Research: Coastal Contracts Bhd - Bleak Outlook Ahead For OSV business segment
    08/06/2016 Kenanga Research: Coastal Contracts Bhd - Shipbuilding Still in Rough Seas
    26/05/2016 Kenanga Research: Coastal Contracts Bhd - Recurring Income Taking Off
    08/03/2016 Stock Digest: Coastal Contracts - Expecting A Better 2016
    08/03/2016 Kenanga Research: Coastal Contracts Bhd - Up To Something New?


    Latest Awards


    Forbes Asia Best Under A Billion 2011
    for 6th consecutive year

    KPMG Shareholder Value Award 2010
    for 6th consecutive year