kim heng - media release - contract at tuas south final · media release page of ! "# $ % kim...
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������� ������� �� ������� ����� �� �������� ������������������ ����
���������� � ��� !"#$ %Kim Heng Offshore & Marine Holdings Limited (the “&'()*�+
” and,
together with its subsidiaries, the “�,'�)”), an established integrated offshore and marine value
chain services provider, is pleased to announce that it has secured a contract to undertake Marine
and Horizontal Directional Drilling Works at Tuas South Boulevard to support a Submarine Cable
Maintenance and Installation Provider commencing from September 2018.
The abovementioned project is expected to contribute positively to the Group’s earnings per
share and net tangible asset for the financial year ending 31 December 2018.
None of the Directors, controlling shareholders or substantial shareholders of the Company has
any interest, direct or indirect, in the abovementioned transaction, save for their shareholdings in
the Company.
—END—
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���� �� ��� ����� ������ ������ ������� ���������� ������� �� ������������� �!"��# With 50 years of experience and listed on the Catalist Board of the Singapore Exchange Securities on the
22nd
of January 2014, Kim Heng Offshore & Marine Holdings Limited (“$%& '()*” or the “+,-./
”) is an
established integrated offshore and marine value chain services provider, engages in different stages of
offshore oil and gas projects from oil exploration to field development and oil production.
Kim Heng has built its brand over the years and currently caters to world renowned customers from over 25
countries in the regions of Southeast Asia, USA, Latin America, Australasia, Middle East and Europe.
The Group’s operations are strategically located in Singapore, with two shipyards at 9 Pandan Crescent and
48 Penjuru Road. The shipyards, consists of a combined waterfront of 205 metres, enable the Group to carry
out afloat repairs, fabrication, newbuild, painting and blasting works.
Kim Heng’s three main business segments.
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• Construction and fabrication works of sections or components of drilling rigs & drillships
• Installation of offshore production modules and systems
• Afloat repairs, maintenance and refurbishment of offshore rigs, platforms & vessels
• Supply of offshore drilling and production equipment
• 24/7 Oil spill response and salvage operations
RUVVWX YKZP[ \Z[ZQN]N[^• Provision of offshore supply vessels and heavy-lift equipment
• Provision of logistics, general shipping and crew management
_6C;A`@81G ab>8?F6DG• Provision of heavy equipment both for sale and rent
• Import and export of heavy equipment
• These include crawler cranes, lorry cranes and mobile cranes
c6226@ B3C5G65d :C@62 = e6fg>8@h• Charter of vessels (AHTS, Tugs/Barges, Crane Barges & Accommodation Barges)
• Purchase and refurbishment of vessels for onselling
• Newbuilding of vessels
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For more information, please contact:
Jocelyn TAN [email protected]
Tel: (65) 67779990, Fax: (65) 67789990 �KPJ VMNJJ MNWNZJN KZJ �NN[ VMNVZMN� �X ^KN YL]VZ[X Z[� P^J TL[^N[^J KZSN �NN[ MNSPN�N� �X ^KN YL]VZ[X �JJVL[JLM� R�Y YZVP^ZW �MPSZ^N �P]P^N� RVL[JLM�� ILM TL]VWPZ[TN �P^K ^KN MNWNSZ[^ MUWNJ LI ^KN RP[QZVLMN� TKZ[QN RNTUMP^PNJ �MZ�P[Q �P]P^N� R���R��� �KN RVL[JLM KZJ [L^ P[�NVN[�N[^WX SNMPI PN� ^KN TL[^N[^J LI^KPJ VMNJJ MNWNZJN��KPJ VMNJJ MNWNZJN KZJ [L^ �NN[ N Z]P[N� LM ZVVMLSN� �X ^KN R���R� Z[� ^KN R���R� ZJJU]NJ [LMNJVL[JP�PWP^X ILM ^KN TL[^N[^J LI ^KPJ VMNJJ MNWNZJN� P[TWU�P[Q ^KN TLMMNT^[NJJ LI Z[X LI ^KN J^Z^N]N[^J LMLVP[PL[J ]Z�N� LM MNVLM^J TL[^ZP[N� P[ ^KPJ VMNJJ MNWNZJN��KN TL[^ZT^ VNMJL[ ILM ^KN RVL[JLM PJ \J �ZX RP] �NN� R�Y YZVP^ZW �MPSZ^N �P]P^N� Z^ � OL�P[JL[ OLZ�� ��������� �L�NM� RP[QZVLMN ������� ^NWNVKL[N ��� ���� �����