Singapore Exchange (SGX) today welcomed Kim Heng Offshore & Marine Holdings Limited to Catalist under the stock code "5G2".

Kim Heng is a Singapore-based integrated offshore and marine services provider. It caters to customers from around the world and in different stages of projects from oil exploration to field development and oil production.

Thomas Tan, Executive Chairman and CEO of Kim Heng, said, "Kim Heng is honoured to have successfully completed its listing on Singapore Exchange. This will provide us with the perfect platform to execute our plans for the future and we look forward to working with the exchange and the support of our new shareholders. We are both thankful and heartened by the investment community's faith in us as we move onwards and upwards from here."

Lawrence Wong, Head of Listings at SGX, said, "We are pleased to welcome Kim Heng Offshore & Marine Holdings to Catalist. The maritime and offshore services sector plays a key role in Singapore's vibrant economy. SGX is proud to yet again support another home-grown company and this important sector by providing a capital-raising platform for their growth."

The listing of Kim Heng brings the number of maritime and offshore oil and gas support services companies listed on SGX to 52, with a total market capitalisation of $59 billion.

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