The JVC will be 51%-owned by RUHM and 49%-owned by Bridgewater Offshore Sdn Bhd.
Kim Heng Offshore & Marine Holdings has signed a joint venture agreement (JVA) with Malaysia-based marine service vessels operator RUHM Marine Sdn Bhd to form a joint venture company (JVC) in Malaysia called RUHM Bridgewater Offshore Sdn Bhd.
The agreement was signed by Bridgewater Offshore Sdn Bhd, a newly-incorporated entity that’s wholly-owned by Kim Heng’s 51%-owned subsidiary Bridgewater Offshore Pte Ltd.
