Milestone

2017

• Corporate rebranding exercise with the change of company name to Straits Inter Logistics Berhad

• Acquired two vessels namely Sturgeon and Straits1

• Total capacity for 2 vessels is 1m litres

• Completed acquisition of 55% in TMD Acquisition came with 7 vessels

• Total capacity of enlarged 9 vessels increased to 12m litres

• Completed acquisition of 38% in Banle Energy International Ltd

• Acquired M.T. SMF Begonia for RM19.6m with a DWT of 5,227 MT

• Incorporated Straits Marine Services Pte Ltd to perform vessel management services

• Acquired M.T. SMF Ixora for RM20.45m with a DWT of 5,643 MT

• Business expansion into Inland Transportation and Logistics Business

• Acquired Beluga for USD2.45m with a DWT of 4,711 MT

• Acquired Eden for USD4.5m with a DWT of 7,550 MT

• Commenced the Port Management Services at Labuan Liberty Terminal in Apr’20 under Megah Port Management Sdn Bhd

• Acquired Guo Kang No.1 for USD1.6m with a DWT of 2,169 MT

• Acquired additional 15% interest in TMD

• Obtained the LOA to provide Ship to Ship (“STS”) service in Victoria Maritime Hub, Labuan on 30 th July

• Change company name to Straits Energy Resources Berhad

• Acquired Empower for USD3.5m with a DWT of 7,820 MT

• Acquired two tugboats (TG. Victoria 1 and TG. Victoria 22)

• Acquired Guo Ming for USD2.3m with a DWT of 3,000 MT

• Completed acquisition of 90% in SML

• Completed acquisition of 51% in Wire & Wireless Sdn Bhd

• Completed acquisition of 70% in Macro Lynx Sdn Bhd

• Diversified into Telco & Network Services

• In the midst of acquiring the third third tugboat (TG. Victoria 3)

• Listing of the CBL International Limited , the associate company on the NASDAQ Stock Market.

• Completed acquisition of 60% in Straits Union Networks Sdn Bhd