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Kim Heng
Offshore & Marine
Greener waters the way to go for Kim Heng
Kim Heng CEO Thomas Tan hopes that the company's continued performance will result in a better share price.
August 08, 2024
Energy
Offshore wind's next big problem: not enough ships
Day rates have increased from about US$200,000 in 2022 to about US$350,000 for the newest and biggest vessels
March 17, 2024
Contracts
Kim Heng subsidiary signs MOU for offshore wind farm projects
The MOU with specialist subcontractor Mansam also includes other offshore projects unrelated to wind farms.
March 04, 2024
Results
Kim Heng reports FY2023 earnings of $1.6 million, 79% lower y-o-y
Kim Heng reports earnings of $1.6 million for its FY2023, 79% lower y-o-y.
February 23, 2024
Contracts
Kim Heng enters vessel framework agreement with Korean offshore wind farm developer
Under the agreement, Kim Heng will provide a geotechnical drilling vessel for various geotechnical survey projects.
February 06, 2024
Company in the news
Kim Heng enters joint venture agreement in Malaysia with RM49,000 investment
The investment in the JV company is expected to enhance Kim Heng’s business potential in Malaysia.
January 17, 2024
Contracts
Kim Heng awarded shipbuilding contract worth TWD249.5 million, scheduled to commence in 4Q2023
Under the contract, KHSE will provide design, engineering and newbuild of a self-propelled split hopper barge.
October 16, 2023
Company in the news
Kim Heng’s executive chairman & CEO Thomas Tan lends the company $7 mil
The loan constitutes as an interested person transaction (IPT) under SGX's listing rules.
September 19, 2023
Insider moves
Kim Heng chairman Tan raises stake; Kimly continues share buybacks
Kim Heng is riding on a recovery in the offshore and marine sector
August 24, 2023
Results
Kim Heng reports higher revenue but higher costs weigh down on 1HFY2023 earnings
The company is exploring new markets for renewable revenue in Asia besides Taiwan.
August 08, 2023