MHB Engineering Solutions
MHB Engineering Solutions is a Kuala Lumpur-based marine engineering company providing solutions for offshore and onshore facilities and vessels. Founded in 1989 and listed on Bursa Malaysia, it serves the oil and gas and heavy engineering sectors.
- Company typePrivate
- Founded1989
- HeadquartersKuala Lumpur, Malaysia
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What MHB Engineering Solutions does
MHB Engineering Solutions is a marine engineering solutions provider headquartered in Kuala Lumpur, Malaysia, established in 1989 and publicly listed on Bursa Malaysia under the ticker KLSE: MHB. The company delivers engineering services and solutions for offshore and onshore facilities and vessels, operating in the oil and gas, marine, and heavy engineering sectors. With a workforce in the 1,001-5,000 range, MHB functions as a mid-sized EPC- and fabrication-oriented player whose business is structurally project-based — evident in the year-over-year revenue swings from approximately RM 352M (2021) to RM 807M (2024), then back down to RM 487M (2025) — and whose profitability (EBITDA, operating income, net income) flips between positive and negative across the cycle, consistent with fixed-price contract execution risk. Pandai Othman serves as Chief Executive Officer and Managing Director. The company's website (mhb.com.my) was not directly extractable in this collection pass due to a CAPTCHA block, so additional product, customer, and channel detail is not available beyond what is summarized here. Public-market listing status and the 35+ year operating history are the primary verifiable anchors of its current profile.
MHB Engineering Solutions firmographics
Firmographics- Name
- MHB Engineering Solutions
- Website
- https://mhb.com.my
- Company type
- Private
- Founded year
- 1989
- Headcount range
- 1,001–5,000 employees
- Short description
- MHB Engineering Solutions is a Kuala Lumpur-based marine engineering company providing solutions for offshore and onshore facilities and vessels. Founded in 1989 and listed on Bursa Malaysia, it serves the oil and gas and heavy engineering sectors.
- Ownership category
- akta.pro rank
MHB Engineering Solutions industry classification
Industry- Product category
- Marine Engineering Services
- NAICS
- Ship Building and Repairing (336611), Ship and Boat Building (3366)
- SIC
- Ship & Boat Building & Repairing (3730), Services-Engineering Services (8711)
- akta.pro primary industry
- FPSO/FSO Hull Construction & Conversion (IMAJACAC)
- akta.pro secondary industries
- Project Management & Owner’s Engineering / Technical Consultancy (Spec Writing, Bid Support, Site Support) (IMAJAGAO), Safety, Risk & Compliance Engineering (SOLAS, Class Rules, HAZID/HAZOP, FMEA) (IMAJAGAJ)
Keywords
Where MHB Engineering Solutions is headquartered
LocationHeadquarters
- HQ city
- Kuala Lumpur
- HQ country
- Malaysia
- HQ region
- Asia
Markets served
MHB Engineering Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure
MHB Engineering Solutions product offering
Product offeringCore offering
MHB Engineering Solutions is a marine engineering solutions provider delivering engineering services for offshore and onshore facilities and vessels. The company serves industrial clients operating in the marine, offshore, and onshore energy and infrastructure sectors from its base in Kuala Lumpur, Malaysia.
Differentiator
Problem solved
Functional benefit
Companies that use MHB Engineering Solutions
Customer profileIdeal customer profiles1 record
MHB Engineering Solutions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MHB Engineering Solutions partnerships and signals
Strategic signalRecent moves2 records
MHB Engineering Solutions competitors and assessment
Company assessmentBroad incumbents
- TechnipFMC: Global integrated offshore EPC and subsea contractor covering FPSO topsides, SURF, and offshore engineering — adjacent rather than head-to-head with MHB, but competes as a buyer/seller of the same conversion scopes and overlaps on offshore engineering solutions for oil & gas clients.
- Samsung Heavy Industries: Korean shipbuilder with a strong offshore and FPSO order book; broader product portfolio but directly comparable offshore-engineering capability, often competing for the same FPSO EPC scopes in international tenders.
- Daewoo Shipbuilding & Marine Engineering (Hanwha Ocean): Tier-1 Korean shipbuilder active in offshore structures, LNG carriers, and large marine fabrication; competes with MHB on selected offshore and heavy-engineering scopes and benefits from substantially larger scale.
Direct peers
- Sembcorp Marine: Singapore-based global leader in offshore rig construction, FPSO conversions, and ship repair — directly comparable to MHB on FPSO hull construction, marine conversion, and offshore EPC services across the same Asia-Pacific client base.
- Keppel Corporation (Keppel Shipyard / Offshore & Marine): Operates one of the world's largest offshore and marine yards, with FPSO/FSO conversions, drillship upgrades, and rig repair — directly overlapping MHB's core offshore and marine engineering scope and competing for the same regional projects.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
MHB Engineering Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
MHB Engineering Solutions leadership team
Management profileNumber of profiles
Profiles1 record
MHB Engineering Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MHB Engineering Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MHB Engineering Solutions
What does MHB Engineering Solutions do?
MHB Engineering Solutions is a marine engineering solutions provider delivering engineering services for offshore and onshore facilities and vessels. The company serves industrial clients operating in the marine, offshore, and onshore energy and infrastructure sectors from its base in Kuala Lumpur, Malaysia.
Is MHB Engineering Solutions a public or private company?
MHB Engineering Solutions is a private company. It is classified as public.
When was MHB Engineering Solutions founded?
MHB Engineering Solutions was founded in 1989. It employs 1,001 to 5,000 people.
Where is MHB Engineering Solutions based?
MHB Engineering Solutions is headquartered in Kuala Lumpur, Malaysia, in the Asia region.
Who are MHB Engineering Solutions's main competitors?
Broad incumbents on record are TechnipFMC, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (Hanwha Ocean). Direct peers are Sembcorp Marine and Keppel Corporation (Keppel Shipyard / Offshore & Marine).
Does MHB Engineering Solutions have an API?
No public API is recorded for MHB Engineering Solutions.
What industry is MHB Engineering Solutions in?
MHB Engineering Solutions's product category is Marine Engineering Services. Its primary akta.pro industry code is IMAJACAC, FPSO/FSO Hull Construction & Conversion, with a secondary code of IMAJAGAO, Project Management & Owner’s Engineering / Technical Consultancy (Spec Writing, Bid Support, Site Support). Its NAICS code is 336611 and its SIC code is 3730.