Corporate digest

KS Energy

KS ENERGY'S unit, KS Marinehub (KSMH), has acquired the 20 per cent stake that it does not already own in Ocean Offshore Engineering (OOE) for S$2.34 million. KSMH is wholly owned by KS Distribution, which in turn is 55.35 per cent owned by KS Energy, With the acquisition, the supplier of offshore rigging, testing equipment and wire ropes is now an indirect wholly owned unit of KS Distribution.

Cordlife Group