Abiopharma

Nam Cheong Limited is a Malaysian-based international leading offshore marine
group specialising in the building of offshore support vessels (“OSVs”). Since
the establishment of the shipbuilding business over 4 decades ago, It owns and
operates one of the largest shipbuilding yards for OSVs in Malaysia and focus
on the construction and engineering of complex, sophisticated, environmentally
friendly and quality OSVs that are equipped with the latest technology.
The shipbuilding business is complemented by its vessel chartering operations
comprising a fleet of 10 vessels, which are chartered out by way of bareboat or
time charters for recurring income. With its pioneering status in the
shipbuilding industry and an experienced team in place, Nam Cheong is set to
steer the future of shipbuilding…
The Key investment Merits of Nam Cheong:
· One of the largest OSV shipbuilders in Malaysia
· A strong presence in Malaysia, Southeast Asia, the Middle East, China, The
Netherlands, India and USA
· First Malaysian shipbuilder to deliver the DP2-enabled vessel in 2007
· Successfully delivered over 50 vessels locally and abroad since 2007
Nam Cheong’s Strategic Direction:
· Increase market share in Malaysia’s OSV shiphuilding sector
· Establish stronger ties with suppliers/contractors for cost-effectiveness
· Improve expertise in building higher specification vessels
· Expand shipyard capacity and capability
· Increase and diversify overseas customer base
· Expand ship chartering business to bolster recurring income

Additional info from SGX:

Nam Cheong Limited is a Malaysian-based international leading offshore marine
group specialising in the building of offshore support vessels (“OSVs”). Since
the establishment of the shipbuilding business over 4 decades ago, It owns and
operates one of the largest shipbuilding yards for OSVs in Malaysia and focus
on the construction and engineering of complex, sophisticated, environmentally
friendly and quality OSVs that are equipped with the latest technology.
The shipbuilding business is complemented by its vessel chartering operations
comprising a fleet of 10 vessels, which are chartered out by way of bareboat or
time charters for recurring income. With its pioneering status in the
shipbuilding industry and an experienced team in place, Nam Cheong is set to
steer the future of shipbuilding…
The Key investment Merits of Nam Cheong:
· One of the largest OSV shipbuilders in Malaysia
· A strong presence in Malaysia, Southeast Asia, the Middle East, China, The
Netherlands, India and USA
· First Malaysian shipbuilder to deliver the DP2-enabled vessel in 2007
· Successfully delivered over 50 vessels locally and abroad since 2007
Nam Cheong’s Strategic Direction:
· Increase market share in Malaysia’s OSV shiphuilding sector
· Establish stronger ties with suppliers/contractors for cost-effectiveness
· Improve expertise in building higher specification vessels
· Expand shipyard capacity and capability
· Increase and diversify overseas customer base
· Expand ship chartering business to bolster recurring income