PEER MARK ENGINEERING SDN. BHD.

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1 PEER MARK ENGINEERING SDN. BHD. SPECIALIZE IN DESIGN AND MANUFACTURING OF PROCESS MODULES, HEAT TRANSFER EQUIPMENTS, PRESSURE VESSELS, PROCESS COLUMN & OTHER EQUIPMENTS FOR OIL & GAS, PETROCHEMICAL, POWER PLANT & GENERAL INDUSTRIES. Gas and Condensate Allocation Metering System Activated Carbon Filter Fuel Gas Skid Degassing Vessel OFFICE & FACTORY ADDRESS: LOT 8965, JALAN UDANG GALAH, TELOK GONG, PORT KLANG, SELANGOR DARUL EHSAN, MALAYSIA. Petrobras FPSO TELEPHONE NO : / FACSMILE : E MAIL : sales@peer mark.com / marcus@peer mark.com

2 TABLE OF CONTENTS COMPANY INFORMATION COMPANY REGISTRATION CAPITAL STRUCTURE & BOARD OF DIRECTORS PARTNER & ASSOCIATE COMPANY EMPLOYMENT STRUCTURE PEER MARK ORGANISATION CHART SCOPE OF BUSINESS QUALIFICATION CERTIFICATES FABRICATION FACILITIES CONTACT LIST OF PAST PROJECT UNDERTAKEN BY THE COMPANY PHOTOGRAPH OF EQUIPMENTS FABRICATED BY PEER MARK

3 COMPANY INFORMATIONS PEER MARK ENGINEERING SDN. BHD. (PME) is registered with : Authorized Capital : RM 1,000, Incorporated on 30th July 2001, PEER MARK ENGINEERING SDN. BHD. was formed by a group of dedicated and well recognized leaders with more than twenty (20) year of experience in the field of various mechanical fabrication and project management. We are committed in terms of Quality and Integrity through an inhouse Quality Plan and meet timely delivery schedules and customer satisfaction as our company's policy. PEER MARK ENGINEERING SDN. BHD. has been accredited by ASME with ASME U Stamp, ASME U2 Stamp, R Stamp & National Board Registration. We are now working on developing ISO 9002 Standard to integrate our strength and conscientious attitude to gain a solid reputation in oil & gas industry. The company is also committed in providing logistic services for domestic and international customers. Company Registration No. : H Dated Incorporated 30th. : July, 2001 Place of Incorporation : Kuala Lumpur, Malaysia Office / Factory : Lot 8965, Jalan Udang Galah, Teluk Gong, Port Klang, Selangor Darul Ehsan, Malaysia. Tel. No. : / Fax. No. : marcus@peer-mark.com

4 Company Auditor : LLT & PARTNERS PUBLIC ACCOUNTANT No. : 29-A, 1 st Floor, Jalan SS 2/67, Petaling Jaya, Selangor Darul Ehsan, Malaysia. Tel. No. : Fax. No. : Company Secretary : GENESIS PROFESSIONAL SERVICES SDN. BHD. No. : 29-A, 1 st Floor, Jalan SS 2/67, Petaling Jaya, Selangor Darul Ehsan, Malaysia. Tel. No. : Fax. No. :

5 COMPANY REGISTRATION

6 CAPITAL STRUCTURE & BOARD OF DIRECTORS 1. Capital Structure Paid Up Capital : RM 800, Authorized Capital : RM 1,000, Bankers : AMBANK (M) BERHAD & STANDARD CHARTERED BANK 2. Board of Directors CHEW NGEE CHENG - Business Development - Finance - Project YONG YIP POOI - Operations LOONG MAY YOONG / HOO KAN SEEK - Accounts & Administration

, a close associate company of PEER MARK ENGINEERING SDN. BHD.

7 PARTNERS AND ASSOCIATES COMPANY 1. METAL ONE ENGINEERING SDN. BHD. METAL ONE ENGINEERING SDN. BHD., a close associate company of PEER MARK ENGINEERING SDN. BHD., manage by a group of experienced professionals with more than twenty (20) years of experience in engineering of pressurized equipments and licensed by the Department of Occupational Safety and Health (DOSH) under the Minister of Human Resources, Malaysia.

8 2. MEIJIN ENGINEERING & CONSTRUCTION SDN. BHD. MEIJIN ENGINEERING & CONSTRUCTION SDN. BHD. associated with PEER MARK ENGINEERING SDN. BHD. with the aim of widening the scope of the group's business in providing engineering & construction services to the general industries participating in turnkey projects for the following, Palm Oil Mill Construction Construction of Factory General Steel Structure Waste Water Treatment Plant Construction Presently MEIJIN ENGINEERING & CONSTRUCTION SDN. BHD. is operating off a factory site of 62,000 sq ft with a covered area of 10,000 sq ft within the vicinity of Peer Mark Engineering Sdn. Bhd. fabrication yard.

9 EMPLOYMENT STRUCTURE NO. CATEGORY OF EMPLOYEES NO. OF PERSON 1 Managerial & Professional 3 2 Executive & Supervisory 7 3 Clerical 2 4 Manufacturing Skilled 10 Semi-skilled 8 30 Note : Additional manpower will be engage on a sub-contractor basis up to 100 personnel of various discipline depending on project requirement.

PEER MARK ORGANIZATION CHART Administration Business Development & Project Estimation QA Executive QA/QC Engineer QC Inspector Managing Director Mechanical Engineer Health, Safety &

10 PEER MARK ORGANIZATION CHART Administration Business Development & Project Estimation QA Executive QA/QC Engineer QC Inspector Managing Director Mechanical Engineer Health, Safety & Environmental Officer Draftperson Foreman (Piping) Production Manager Production Supervisor Foreman (Pressure Vessel) Foreman (Welding) Project Manager Project Engineer Store Keeper Account Department

11 SCOPE OF BUSINESS Peer Mark Engineering Sdn. Bhd. primarily is involved in fabrication of process equipments for the Oil & Gas Industry, Chemical Plants, Power Generating Plant and General Manufacturing Industry for the local and overseas market. We are presently en route to getting ISO 9001 accreditation with the intent to improve our quality of work in order to tap into the vast expending of Oil & Gas market. The extend of our scope of work includes, Scope of Work Project Management Procurement Fabrication Blasting / Painting / Hot-Dipped Galvanizing and Acid Cleaning Quality Assurance / Quality Control and Documentation. Delivery, Shipment, Custom Clearance and Tax Exemption Application Services for imports. Equipment Assembly / Installation. Testing and Commissioning Design, Fabrication & Supply of Screw Conveyor System. Engineering Design, Structural & Civil, Storage Tank and Pressure Vessel. Projects Plant and Machinery Installation. Process Piping Installation. Special Coating and Cathode Protection System. Fabrication Stainless Steel, Carbon Steel and PVC Works. Piping Spools and Skidded Modules. Process Vessels and Bulk Storage Tanks. Process Equipment eg. Clarifier, Screw/Belt Conveyor, Stirrer Unit, Silos etc.

12 QUALIFICATION CERTIFICATES

16 FABRICATION FACILITIES 1. FABRICATION YARD Total Land Area for Plant 1 Covered Area for Plant 1 68,000 sq. ft. 60,000 sq. ft.

17 Total Land Area for Plant 2 Covered Area for Plant 2 79,200 sq. ft. 47,520 sq. ft.

18 2. EQUIPMENT LIST DESCRIPTION QUANTITY (UNIT) Overhead Crane (3.2 Tonne) 1 Overhead Crane (5.0 Tonne) 1 Overhead Crane (10.0 Tonne) 1 Mobile Hydraulic Crane (20 Tonne) 1 Forklift (3 Tonne) 1 Forklift (4 Tonne) 1 Electrode Drying Oven 1 Electrode Holding Oven 1 Flux Baking Oven 1 Portable Quivers 25 Submerged Arc Welding (Column & Boom) 1 Rectifier Welding Machines (Lincoln & Essab) 22 MIG Welding Machine (Essab 400) 3 Groughing Machine (Essab 630) 1 Diesel Generator Welding Set 2 Diesel Generator Set (100 kva) 1 Air Compressor c/w Air Receiver 2

19 Iron Worker 1 Punch Machines 4 Bench Drilling Machine (2 Dia.) 1 Magnetic Drilling Machine 5 Plate Rolling Machine (1¼ x 10 ) 1 Plate Rolling Machine (1½ x 8 ) 1 Plate Rolling Machine (¼ x 5 ) 1 Plate Beveling Machine 1 Rotator (30/40 Tonne) 13 Hydraulic Shearing Machine (⅜ x 10 ) 2 Hydraulic Bending Machine (½ x 8 ) 2 Plasma Cutting Machine (up to 2 Dia) 3 Auto-Oxy Cutting Machine 4 Pipe Threading Machine (up to 4 Dia.) 3 Pipe Cutting Machine 3 Chiyoda Beam Cutter 2 Pipe Bender (3 Dia.) 1 Lathe Machine (up to 4 Dia. x 1.2m Length) 1

20 CONTACT PEER MARK ENGINEERING SDN. BHD. (Co. No H) Office & Factory Address: Lot 8965, Jalan Udang Galah, Telok Gong, Port Klang, Selangor Darul Ehsan, Malaysia. Telephone No. : / Facsimile No. : Adresss : sales@peer-mark.com / marcus@peer-mark.com Website :

We form a vital backbone for industrial growth through our specialization in engineering processes & services

We form a vital backbone for industrial growth through our specialization in engineering processes & services www.asiapropel.com COMPANY PARTICULARS ALSO KNOWN AS AP IS A MALAYSIAN BASED COMPANY THAT HAVE