Established in 1985, PT Indo Straits Tbk. (“PTIS”) is one of the most recognized marine engineering companies in Indonesia servicing customers predominantly in the oil & gas and coal mining industries. Over the years, PTIS, which is a subsidiary of Singapore -incorporated Straits Corporation Pte. Ltd. (“Straits Corporation”), has built a sound reputation in its areas of expertise, namely:Marine Civil Engineering which specializesin offshore lifting works, dredging and reclamation works, offshore supply services to oil & gas and coal mining industries;in jetty construction, marine piling works and other marine related works such as the construction of breakwaters, marinas and similar structures; andMarine Logistics Support which providesmarine support logistics to customers in the oil & gas and coal mining industries. PTIS operates a fleet of over 43 units of floating equipment of various sizes.Supported by a team of over 320 staff in Indonesia, PTIS enjoys strong relationships with major companies in the oil & gas and mining industries after amassing a solid track record of successful projects with tringent safety requirements and work procedures. PTIS will continue to leverage on its expertise and strong customer base to gain a stronger foothold in the industries which it operates. Coupled with its sound operational presence in Indonesia, and being the largest archipelago in the world that has vast natural resources.