January 10, 2018

Hiap Tong Corporation announced that it has been awarded a 5-year extension lifting services contract by ExxonMobil Asia Pacific. The extension contract commenced on 1 January 2018. Similar to the previous contract with ExxonMobil (1 January 2013 to 31 December 2017), the extension contract entails the provision of crane rental and/or lifting services work to ExxonMobil and/or its affiliates at ExxonMobil’s Jurong Refinery, Pulau Ayer Chawan and Singapore Chemical Plant in Singapore. Share price closed at S$0.145