Glenndle Sim

GLENNDLE SIM

Executive Chairman and CEO

Mencast Holdings Executive Chairman and CEO Glenndle Sim was Ernst & Young's Entrepreneur of the Year in the Marine and Offshore Engineering Services category. The award recognised his foresight and bold strategies “which have transformed his traditional propeller business into a regional maintenance, repair and overhaul total solutions provider that continues to grow in a strong and sustainable manner”. Mencast also clinched the Best Managed Board (Gold) award in the “Companies under $300 million in market capitalisation” category at the Singapore Corporate Awards 2013, and Channel NewsAsia's Luminary of Innovation 2013 Award. The Group, which boasts eight consecutive years of record earnings, reported revenues of $71.2 million for the nine months ended 30 September 2013, a 26-percent jump from the corresponding year-earlier period. Net profit increased 16 percent to $9.5 million. In 2008, Mencast became the first sponsor-approved company to be listed on SGX Catalist and remains the only company in the region to service the entire energy cycle from exploration to production, distribution, maintenance and environmental remediation.

Company:

Mencast Holdings Limited