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Nam Cheong Limited ( (SG:1MZ) ) just unveiled an announcement.
Nam Cheong Limited has been recognized for achieving the highest profit growth over three years in its sector, winning the Centurion Club Award at The Edge Singapore Billion Dollar Club Awards 2025. This accolade highlights the company’s sustainable financial recovery and strategic repositioning in the offshore energy industry. Nam Cheong’s leadership in OSV chartering and shipbuilding positions it well to capitalize on emerging opportunities, ensuring stable cash flow through long-term charter contracts and mitigating market volatility.
More about Nam Cheong Limited
Nam Cheong Limited is a leading Offshore Support Vessel (OSV) provider based in Sarawak, Malaysia. The company operates the largest and most technologically advanced OSV fleet in Malaysia, supporting industries such as oil and gas, renewable energy, and telecommunications. Established in 1968 as a fishing vessel builder, Nam Cheong has grown to deliver over 150 vessels globally and is listed on the SGX Mainboard since 2011.
Average Trading Volume: 2,890,028
Technical Sentiment Signal: Sell
Current Market Cap: S$272.9M
For an in-depth examination of 1MZ stock, go to TipRanks’ Overview page.