Kim Heng Offshore & Marine

Deals, joint ventures & alliances

Kim Heng signs MOU with KOMS to co-operate offshore windfarm, offshore projects

Kim Heng enters into MOU to co-operate offshore windfarms and offshore projects in South Korea.
Mondrian continues to trim Sheng Siong stake; Kim Heng CEO Tan raises stake - THE EDGE SINGAPORE

Mondrian continues to trim Sheng Siong stake; Kim Heng CEO Tan raises stake

Asset manager Mondrian no longer substantial shareholder of Sheng Siong; CEO Thomas Tan of Kim Heng raises stake in O&M group.

Kim Heng O&M’s 3Q losses widen to $3.9 mil on lower sales and margins

SINGAPORE (Nov 8): Kim Heng Offshore & Marine reported 3Q losses widened to $3.9 million from $1.7 million a year ago.

Broker's Calls

OCBC ceases coverage on Kim Heng O&M on weak 2Q results

SINGAPORE (Aug 22): OCBC Investment Research is ceasing its coverage on Kim Heng Offshore & Marine as the offshore and marine (O&M) industry is not picking up enough to spur capital expenditure in the oil & gas sector.

Kim Heng O&M acquires 3 AHTS vessels from Swiber for $13.3 mil

SINGAPORE (June 12): Kim Heng Offshore & Marine has acquired three 10,800 bhp Anchor Handling Tug/Supply (AHTS) vessels for a consideration of US$9.6 million ($13.3 million).
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