nam cheong

Nam Cheong bags RM317.1 million in regional vessel charter deals

[SINGAPORE] Sarawak-based offshore marine firm Nam Cheong has secured vessel charter contracts worth up to RM317.1 million (S$94.5 million) from regional oil majors.

After the market closed on Nov 28, Nam Cheong said that it had won multi-year contracts from regional and international oil majors.

Hot stock: Nam Cheong jumps 19.2% after RM1.2 billion in contract wins

The company will charter a total of 12 vessels under the deal

Leong Seng Keat, Nam Cheong's group CEO.

Nam Cheong defends board composition as SGX-ST queries Code non-compliance

MALAYSIAN offshore support vessel builder Nam Cheong defended its board composition on Wednesday (May 25) when asked why it had not ensured that its independent directors (IDs) make up a majority of t...

Nam Cheong auditor issues disclaimer of opinion on FY2021 financial statements

Nam Cheong auditor issues disclaimer of opinion on FY2021 financial statements

NAM Cheong said that its auditor has issued a disclaimer of opinion on the offshore support vessel builder's use of the "going-concern" basis of accounting for its FY2021 financial statements.

Nam Cheong's current assets 'unlikely to adequately meet' RM1.38b in liabilities

Nam Cheong's current assets 'unlikely to adequately meet' RM1.38b in liabilities

MALAYSIAN offshore support vessel builder Nam Cheong, which is trying to restructure its debts to "ride out this incredibly challenging market environment", on Friday said its board is still unable to...

Nam Cheong unable to pay interest on loan amid 'severe' cash flow constraints

Nam Cheong unable to pay interest on loan amid 'severe' cash flow constraints

MALAYSIAN offshore support vessel builder Nam Cheong on Monday said it needs to suspend the upcoming payment of its term loan's cash interest coming due on June 30.

Nam Cheong to hold AGM by June 29 after two-month deadline extension

Nam Cheong to hold AGM by June 29 after two-month deadline extension

MAINBOARD-LISTED shipbuilder Nam Cheong, which last week warned that it was mulling over a restructuring, said on Sunday that it will hold its annual general meeting by June 29.

Corporate digest

Corporate digest

OFFSHORE vessel builder Nam Cheong's indirect subsidiary SKOSV SDN BHD has clinched three-year chartering contracts for three offshore support vessels worth about RM80 million (S$26.3 million), with a...

Stocks to watch: UMS, Golden Agri, Olam, NetLink, Oxley, Sasseur Reit, Nam Cheong, Thomson Medical

Stocks to watch: UMS, Golden Agri, Olam, NetLink, Oxley, Sasseur Reit, Nam Cheong, Thomson Medical

THE following companies saw new developments that may affect trading of their shares on Tuesday:

Stocks to watch: Kingboard Copper Foil, SLB Development, SMJ International, Nam Cheong, Oceanus

Stocks to watch: Kingboard Copper Foil, SLB Development, SMJ International, Nam Cheong, Oceanus

THE following companies saw new developments that may affect trading of their shares on Friday: