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.
Kim Heng chairman Tan raises stake; Kimly continues share buybacks - THE EDGE SINGAPORE

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


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.

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.

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.
Kim Heng awarded additional contract worth US$7.8 million - THE EDGE SINGAPORE


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.

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%


Kim Heng back in the black with FY2022 earnings of $7.4 million

The company plans to pay a dividend of 0.2835 cent


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.

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.