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KS Energy Ltd (KSTL.SI)

KSTL.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

KS Energy unit secures $4.8 mln contract
Thursday, 16 Mar 2017 05:28am EDT 

Ks Energy Ltd : Unit has been awarded a contract for "KS Discoverer 7" land drilling rig. Work in indonesia is expected to commence in Q2 2017. .Expected value of new contract is approximately US$4.8 million for approximately 9 months work.  Full Article

KS Energy gets land drilling rig contract worth US$5 mln
Friday, 24 Feb 2017 05:02am EST 

Ks Energy Ltd : Awarded a contract for "KS discoverer 6" land drilling rig . Expected value of new contract is approximately US$5 million for approximately 8 months work .Contract is not expected to have any material effect on earnings per share of company for fy ending 31 December 2017.  Full Article

KS Energy Ltd awarded $6 million contract
Friday, 24 Feb 2017 04:20am EST 

KS Energy Limited : KS Energy Group Drilling Rig KS Medstar 1 awarded US$ 6 million contract . Unit has been awarded a contract for "KS Medstar 1" jack-up drilling rig .Contract not expected to have material effect on earnings per share for financial year ending 31 December 2017.  Full Article

KS Energy secures geothermal drilling contract for US$7 million
Tuesday, 6 Sep 2016 05:09am EDT 

KS Energy Ltd : KS Energy secures geothermal drilling contract valued at US$7 million) .New contract is not expected to have any material effect on EPS of company for financial year ending 31 December 2016.  Full Article

KS Energy secures letter of award valued at US$17.4 mln
Friday, 19 Aug 2016 05:37am EDT 

KS Energy Ltd : KS Energy secures letter of award valued at US$17.4 million . Says has been awarded a drilling contract for work in Indonesia which is expected to commence in January 2017 . Contract is not expected to have any material effect on EPS of the company for the financial year ending 31 December 2016 .  Full Article

KS Energy Ltd receives US$4.1 million contract
Wednesday, 2 Dec 2015 04:27am EST 

KS Energy Ltd:Says KS Energy Group drilling rig "KS discoverer 3" awarded US$4.1 million contract.Says work in Pakistan is expected to begin in January 2016.Says the expected value of the new contract is approximately US$4.1 million.New contract is not expected to have any material effect on the earnings per share for years ending 31 December 2015 and 31 December 2016.  Full Article

KS Energy Ltd says completion of striking off a joint venture
Tuesday, 6 Oct 2015 05:08am EDT 

KS Energy Ltd:Says the Company’s 50%-owned joint venture company, Yakki International Pte. Ltd. with the remaining 50% interest owned by Sinwa Limited, has been struck off from the Register of Companies.Striking off of Yakki does not have any material impact on the net tangible assets or earnings per share of the Company for the financial year ending 31 December 2015.  Full Article

KS Energy Ltd announces striking off of dormant companies
Thursday, 4 Jun 2015 05:18am EDT 

KS Energy Ltd:Says that the following indirect wholly-owned dormant companies of the Group have been struck off from the Register of Companies.SIN SOON HUAT INTERNATIONAL TRADING PTE. LTD.SSH CORPORATION (PNG) PTE. LTD.AQUA-TERRA GLOBAL PTE. LTD.MH GLOBAL PTE. LTD.STARBEAM TECHNOLOGY PTE. LTD.The striking off of the abovementioned dormant companies of the Group is not expected to have any material impact on the net tangible assets or earnings per share of the Company for the FY ending Dec. 31.  Full Article

KS Energy Ltd to strike off joint venture company
Tuesday, 7 Apr 2015 05:15pm EDT 

KS Energy Ltd:Submitted to the Accounting and Corporate Regulatory Authority on April 8 to strike off a joint venture company, Yakki International Pte Ltd, pursuant to Section 344 of the Companies Act, Cap 50.  Full Article

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