Kim Heng Limited Proposes Final Dividend for the Financial Year Ended 31 December 2023

Kim Heng Ltd is a Singapore-based investment holding company. The Company operates through two segments: Offshore rig services and supply chain management, and Vessel sales and newbuild. Offshore Rig Services and Supply Chain Management segment includes chartering, freight, servicing and repair of vessels, provision of services of marine engineers, consultants, sub-contractors, labor supply, fabrication services, trading in drill pipes and related drilling materials, provision of services and rental of marine equipment and cranes. The Vessel Sales and Newbuild segment includes trading of vessels and newbuild. The Company offers offshore renewable solutions, marine and port agency, marine and offshore project logistics, offshore rig services, procurement and logistics management, shipbuilding and repair, marine salvage and oil-spill response, and heavy equipment sale and rental. The Company’s subsidiary is Kim Heng Offshore & Marine Pte Ltd (KHOM).