Singapore Firm Changes Shipyard Executive Team

Otto Marine, owners & operators of Indonesia's largest shipyard, announces changes to it senior management.

The changes are as follows:

Mr. Michael See Kian Heng  joins Board of Directors as Executive Director
Mr. Mok Kim Whang appointed as President of Shipbuilding division
Mr. Lum Kin Wah rejoins as Senior Executive Vice President to support shipbuilding operations
Deputy President Mr. Aw Chin Leng resigns due to personal reasons

Mr. Aw Chin Leng has voluntarily resigned from his position as Executive Director and Deputy President due to personal reasons. He was previously responsible for the general management of all shipyard activities and general operational management.

Otto Marine Limited is an offshore marine group engaged in specialized shipbuilding of offshore vessels for primarily deep sea applications. The shipbuilding work includes ship repair and conversion and fabrication. In addition, Otto Marine charters out its own fleet of Anchor Handling Tugs and Offshore Supply vessels for mainly deep sea operations.