Kim Heng Offshore & Marine chief executive Tan Keng Siong has taken advantage of the slump in the offshore industry to lift his stake in the company.
He has recently acquired 300,000 shares at an average price of SGD 0.086 (6.2 US cents) per share, regulatory filings show.
This is Tan’s second on-market trade in the Singapore-listed offshore company this year. In March he bought 450,000 shares at an average of SGD 0.091
