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Kim Heng
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.
June 15, 2023
Oil & Gas
Kim Heng positive about energy market growth; works up appetite for fleet expansion
CEO Tan says Kim Heng’s new focus on renewables will grow in tandem with its traditional oil and gas segment.
June 01, 2023
Contracts
Kim Heng awarded additional contract worth US$7.8 mil
Kim Heng will provide modification for a marine-based asset, with the project expected to be completed by 4QFY2024.
May 08, 2023
Insider moves
CEO Wee of UOB and chairman Tan of Kim Heng raise stakes in respective companies
UOB's total payout for FY2022, at $1.35, is equal to a payout ratio of 49%
March 02, 2023
Results
Kim Heng back in the black with FY2022 earnings of $7.4 million
The company plans to pay a dividend of 0.2835 cent
February 24, 2023
Results
Kim Heng expects to be back in the black for FY2022
Kim Heng expects FY2022 to be a much better year, guiding for positive net profit.
February 21, 2023
Broker's Calls
Renewable energy contract wins sees SAC Capital call 'hold' for Kim Heng with TP of 10.16 cents
The company's offshore windfarm projects are concentrated in Taiwan and Vietnam, as well as across the Eastern Seaboard of the US.
September 20, 2022
Insider moves
Venture Corp, GHY and Kim Heng in focus
Besides BlackRock's buying, Venture itself has undertaken some share buybacks as well.
June 09, 2022
Deals, joint ventures & alliances
Credence Partners sells entire stake in Kim Heng to Hildrics Capital at 10.5 cents each
Kim Heng shares have gained around 45% year to date
June 05, 2022
Insider moves
Banyan Tree’s independent director De Meyer buys more shares; Kim Heng continues with share buybacks
Banyan Tree’s independent director De Meyer has increased his stake in the resorts operator
April 28, 2022