Singapore: The president of Jaya Holdings’ shipbuilding and ship repair division has stepped down. Lim Siew Koon, 55, is moving on to pursue personal interests, Jaya said in a release to the Singapore Stock Exchange.
Jaya has pressed ahead with expansion plans at its Batam yard lately. The expansion, by around one third in size, will allow Jaya to build OSVs up to 150 m long. [08/10/13]