PETALING JAYA: Keyfield International Bhd
’s offshore support vessel (OSV) fleet could be worth significantly more than the value reflected in the company’s books, based on recent transactions in the secondary market, according to Kenanga Research.
The research house estimated the realisable value of Keyfield’s fleet at approximately RM1.4bil, compared with its property, plant and equipment (PPE) value of RM962mil, including RM100mil for the acquisition of a new dredger.
