KS Energy Limited operates as an integrated oilfield supply and services provider to the oil and gas, marine, and petrochemical industries worldwide. It operates through Drilling and Engineering segments. It provides capital equipment charter, drilling and rig management, and specialized engineering and fabrication services to the oil and gas industries, as well as engineering design and project management services, and other oil and gas related services. The company also distributes parts and components; and provides the testing and fabrication of slings, servicing of turbo-charges, NDT, logistics, turnkey and project management, mooring system design, shipbuilding refurbishment, and recond...
19 Jurong Port Road
Founded in 1974
KS Energy Limited Reports Group Earnings Results for the First Quarter Ended March 31, 2014
May 14 14
KS Energy Limited reported group earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of SGD 45,977,000, profit before tax of SGD 3,277,000, profit attributable to owners of the company of SGD 205,000 or SGD 0.04 per basic and diluted share, cash flow from operating activities of SGD 1,946,000, payments for purchase of plant and equipment of SGD 18,026,000 compared to the revenue of SGD 33,024,000, profit before tax of SGD 157,000, profit attributable to owners of the company of SGD 898,000 or SGD 0.22 per basic and diluted share, cash flow from operating activities of SGD 9,426,000, payments for purchase of plant and equipment of SGD 43,766,000 for the same quarter a year ago.
KS Energy Limited and Tat Hong Holdings Ltd Announce Voluntary Liquidation of Joint Venture, KT Lion Oilfield Services Limited
May 8 14
The Board of Directors of KS Energy Limited announced that KT Lion Oilfield Services Limited, a joint venture company, has been put into members' voluntary liquidation. KT Lion, which was incorporated in the British Virgin Islands, is 70%-owned by the company with the remaining 30% interest owned by Tat Hong Holdings Ltd. KT Lion has been dormant since January 2010 and both its shareholders do not intend to recommence its business activities.
KS Energy Limited Announces Resignation of Seow as Director and Member of the Audit & Risk Management Committee
Apr 29 14
KS Energy Limited announced that Mr. Seow has retired as a Director of the company at the conclusion of the AGM. He has also ceased to be a member of the Audit & Risk Management Committee upon his retirement from office, at the annual general meeting held on April 29, 2014.