Singapore, February 27, 2012 – Nam Cheong Limited ("南昌有限公司") (the "Group" or "Nam Cheong"), SGX Main Board-listed Malaysian-based leading global Offshore Support Vessel ("OSV") shipbuilder that focuses on the construction and engineering of complex, sophisticated and environmentally-friendly OSVs, reported that it has achieved a net profit of RM93.2 million on revenue of RM606.2 million for the financial year ended December 31, 2011 ("FY2011"), in … Continue reading →

Singapore, December 21, 2011 – Nam Cheong Limited ("南昌有限公司") (the "Group" or "Nam Cheong"), SGX Main Board-listed Malaysian-based leading global Offshore Support Vessel ("OSV") shipbuilder that focuses on the construction and engineering of complex, sophisticated and environmentally-friendly OSVs, today announced that it has, through its wholly-owned subsidiary Nam Cheong International Ltd, sold a RM84 million (approximately S$34.3 million) 300 men … Continue reading →

- Revenue jumps 45% from RM173.7 million (approx. S$71.2 million*) in 3Q 2010 to RM251.5 million (approx. S$103.1 million*) in 3Q 2011 - Strongest quarter this financial year with series of contract wins - Healthy gross profit margin of 24% - Strong order book of RM638 million (approx. S$261 million*), comprising 11 vessels for delivery stretching till end of 2012 Singapore, November 10, 2011 - Nam Cheong Limited ("南昌有限公司") (the "Group" or "Nam Cheon … Continue reading →

- Secures RM88.0 million (approximately S$35.3 million*) contract from joint venture for multi-purpose support vessel - Fifth contract win for Nam Cheong in just over one month - Joint venture allows Nam Cheong to tap into synergistic expertise and network of partners - Joint venture and sale to contribute positively to FY2011 financials … Continue reading →

- Sale and charter contracts worth RM41.4 million (approximately S$16.8 million*) for one 5,220 bhp AHTS vessel - Continues to widen customer base with new Malaysian customer, Omni Marissa (L) Inc - Vessel scheduled for delivery in September; positive financial impact for FY2011 … Continue reading →

Singapore, May 26, 2011 – Nam Cheong Limited (“南昌有限公司”) (“Nam Cheong”), a Malaysian-based international leading offshore marine group specialising in the building of OSVs, announced today that its Compliance Placement of an aggregate of 191,320,000 shares (“Placement Shares”) has been well received by investors, reflecting strong investor confidence. To meet SGX’s shareholdin … Continue reading →

Singapore, April 28, 2011 – Mainboard-listed Eagle Brand Holdings Limited (“Eagle Brand”) (now known as Nam Cheong Limited) (“南昌有限公司”) (“Nam Cheong”) has announced that the acquisition of 100 per cent of Nam Cheong Dockyard Sdn Bhd and 50 per cent of Nam Cheong Offshore Pte Ltd (“Nam Cheong Group”), has taken place today. The acquisition constitutes a reverse takeover (“RTO&# … Continue reading →

v>Ho Chi Minh City, Tuesday, 13 October 2009: Nam Cheong Dockyard Sdn Bhd (Nam Cheong) today signed a deal with Petroleum Technical Services Corporation (PTSC) at the latter’s premises to mark the delivery of an offshore support vessel (OSV). Valued at USD 22.5 million, the OSV which will be delivered before the end of this month is of the DPS-2 classification.The agreement was sign … Continue reading →