Malaysian company orders multiple cable-laying vessels from a Dutch ship builder

OMS Group, a KKR-backed Malaysian subsea digital infrastructure company, has ordered multiple cable-laying vessels from Dutch maritime firm Royal IHC.

A statement from OMS said that the first of the new vessels is expected to be delivered in the first quarter of 2027. The group did not disclose any financial details or the total number of vessels to be constructed.

Per Business Times, KKR invested US$400 million in OMS Group in October last year as part of its expansion in the digital infrastructure space in Southeast Asia. OMS is a portfolio company of KKR. In June, OMS said it secured US$292.5 million worth of loans from a group of financial institutions including HSBC, E-Sun Commercial Bank and SinoPac, with help from KKR.