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Kim Heng eyes M&As for expansion

Firm wants to use such deals to strengthen and increase its market share in supply-chain segment, reports MALMINDERJIT SINGH

Mr Tan: Kim Heng is looking to grow its profitable supply-chain management segment to ride on the growth of offshore services. - FILE PHOTO

KIM Heng Offshore & Marine (Kim Heng) is exploring some merger and acquisition (M&A) deals to expand its business, particularly to grow its supply-chain services to the offshore sector. Thomas Tan, the company's executive chairman and CEO, tells The Business Times that the company has a