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Kim Heng
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.
13 days ago
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
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