P3 Project Pte Ltd

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P3 Project Pte Ltd

• Business Profile

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Introduction

• P3 Project is a construction and engineering
  company which is involved in the power plants,
  oil gas, pharmaceutical and manufacturing
  industry.
• Its a spin-off company conceived from its former
  allied company P3 Construction Engineering Pte
  Ltd
• P3 Project was formed on 18 July 2011 but
  commenced operation only on Nov 1, 2011. Within a
  year of operation, P3 Project not only clinched a
  major project in Tuas Power but achieved presence
  to be a recognized resident contractor at the 2
  big pharmaceutical clients in Singapore.

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Corporate Vision

• Competitors To strive not to compete with our
  competitors but work together in a win-win
  solution
• Safety Top management commitment towards
  excellence in safety and quality of business
• Relationship To establish good relationship
  with our clients and future clients
• Collaboration To join forces with big players
  in local overseas ventures
• Opportunities To spearhead any new
  opportunities in the existing and new market
  presents
•  .

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Corporate Data
Company Name P3 Project Pte Ltd
Company Registration No 201117104W
Establishment 18 July 2011
Operation 01 Nov 2011
Authorized/Paid Up Capital S 500,000.00
Employees 101
Office 8 Boon Lay Way, 09-04 Tradehub 21, S609964
Workshop 32 Old Toh Tuck Road, 05-03 I.Biz Centre, S597658
Site Office MSD (West Campus) at Tuas West
  MSD (South Campus) at Tuas South
  Baxter at Woodlands Industrial Park
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Types of Business
Services Heavy lifting and equipment installation
  Piping and steel fabrication installation
  Plant daily maintenance including shutdown/turnaround works
  Maintenance of rotating equipment and alignment
  Plant machinery transfer/relocation including transportation packing works
  Tower field for refinery and petrochemical
  Manpower contract services - direct and indirect resource
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Past Current Project (as at Dec, 2013)
No Project Location Start End Value
On-going Project On-going Project
1 Jurong Engineering Limited Chana Combined Cycle Power Plant Block 2 Project, Thailand Songkhla Thailand Feb-13 To Date 1,106,000
         
Completed Project Completed Project        
1 Jurong Engineering Limited CCP5 Mechanical Erection Works for Gas Turbine, Generator, Steam Turbine, Power Island Piping Project Tuas Power Jan-12 Dec-12 2,750,000
2 MSD Utility Piping Project MSD South Apr-12 Sep-12 415,000
           
On-going Daily Maintenance Project On-going Daily Maintenance Project        
1 Maintenance Contracts Ad-hoc works MSD West South Jan-12 To Date 500,000
2 Maintenance Contracts Ad-hoc works Woodlands Jan-12 To Date 150,000
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Company Performance for 2013 (as at Dec, 2013)
No List of Clients As at Oct 13
     
1 JURONG ENGINEERING LIMITED 3,550,000
2 MSD 1,500,000
3 SANKYU SINGAPORE MALAYSIA 1,500,000
4 GE KEPPEL ENERGY SERVICE PTE LTD 200,000
5 LEND LEASE SINGAPORE PTE LTD 300,000
6 BAXTER 500,000
7 OTHER CLIENTS 205,000
    7,755,000
     
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Organization Chart
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Workforce Strength
  QTY   QTY   QTY
MANAGEMENT   INDIRECT STAFF   DIRECT STAFF  
Managing Director 1 Lead Engineer 2 Lifting Supervisor 4
Project Director 1 Engineer 4 Rigger/Signal 18
Business Engineering Manager 1 QA/QC Engineer 2 Supervisor 4
Engineering Manager 3 Safety Coordinator 3 Foreman 7
Accountant 1     Fitters 15
HR Manager 1     Welders 15
Procurement 1      General Workers 15
Clerical Staff 3     
  12   11   78
           
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Achievement

• We have just turn 2 year old on Nov 1, 2013, but
  have achieved a remarkable turnover of S 7
  million within the infancy year.
• Our workforce grew from a mere 20 to 101 people
• We have achieved Biz Safe Level 3 recently
•  .

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Safety

• The top management and its entire manpower
  strength are commitment to Health, Safety,
  Security and Environment (HSSE) and Quality,
  which is the pillar of the success of executing
  our jobs with no incidences, violation or loss
  time injury.
• Being a new company, we have put in placed all
  necessary precautionary measures through sharing
  of the policies and implementing it.
• We have just obtained the BizSafe Level 3 and we
  will not stop here. The Top Management and all
  staff are currently working together to achieve
  the following
• BIZ SAFE LEVEL 4 Estimated by Mid of 2013
• BIZ SAFE STAR Estimated by End of 2013
• ISO 9001 Estimated by Mid of 2014

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Future Management Plan

• Turnover to achieved by an increase of 150
  based on the following forecast estimation
• Daily Maintenance 1.5 million
• Shutdown Maintenance 1.0 million
• Project 1 2.5 million
• Project 2 1.0 million
• Adhoc 1.0 million
• Manpower to increase by 100. Government
  policies took a dramatic change recently and we
  forecast tougher rules are ahead beyond 2014
• Joint Venture On-going collaborative efforts
  are in-progress
• Acquisition We are in talks to acquire another
  matured engineering company giving us backdoor
  entry to many plants
•  .

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Licences

• We have obtained the following licenses in
  Singapore as follows
• General Building Class 1 BCA
• Mechanical Engineering ME 11 BCA
• Corporate Member ASPRI

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Diversity of P3 Project its allied Companies

• Other than P3 Project, we have also setup various
  companies in order to tap on different
  opportunities in different market segment. This
  is to provide an avenue for ourselves and towards
  the benefit of our clientele. The following are
  the list of companies illustrated with their
  nature of businesses
• Absolute Interior Design Creative Pte Ltd
• Architectural Design, Interior Design,
  Contract and Renovation
• Pinge Pte Ltd Property Management
• Weingwork Pte Ltd Business Consultant
• P3 International Property Pte Ltd Property
  Investment
• P3 Project Sdn Bhd Construction company in
  Malaysia
• P3 Project (Myanmar) Co. Ltd Construction
  company in Myanmar

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