Celebrating Gaylin’s First Year Listing on the Mainboard of Singapore Exchange

GaylinWith a history that started in 1974, Gaylin Holdings Limited has grown to become one of the largest Singapore-based multi-disciplinary specialist providers of trusted rigging and lifting solutions to the global offshore oil and gas industry.

Since listing on the Mainboard of the Singapore Exchange Securities Trading Limited a year ago, Gaylin has achieved sterling performance with their market capitalization rising nearly 70% to almost S$250 million.  In FY2013, the business achieved record revenue of S$77 million.

The Group’s remarkable growth is backed by their continuous drive for excellence and astute expansion in the region.  Together, Gaylin’s manufacturing and warehousing facilities in Singapore, Malaysia, Vietnam and China span an aggregate area of approximately 524,354 sq ft, supported by a strong workforce of about 230 employees.  From these strategic bases, Gaylin serves a large diverse base of offshore oil and gas customers from Asia, Oceania, Europe, the Middle East and Africa.

In a press release, Gaylin Holdings is quoted: “Our achievements thus far, would not have been possible without the support and trust of our stakeholders, namely our customers, business partners, staff and shareholders.  We would like to express our heartfelt gratitude to all of you for your confidence in Gaylin.  With a strong foundation laid, we aim to further expand our reach in the Asian region and lift Gaylin to greater heights.”

Gaylin International will celebrate their 40th Anniversary in 2014.

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