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Nam Cheong to take 30% stake in BBR

It is its second move in a year to entrench itself in the Indon oil-and-gas market

Sounding an upbeat note: Chief executive officer Leong Seng Keat believes that the Indonesian market, driven by an upsurge in E&P activities, holds exciting prospects for marine player Nam Cheong

SGX mainboard-listed offshore marine player Nam Cheong has taken a decisive step in growing its presence in the lucrative Indonesian vessel-chartering market through a strategic investment. Malaysia's largest offshore support vessel (OSV) builder on Monday announced that it has agreed to invest