On Dec 29, Federal International (2000) : BDU 0% executive chairman and CEO Koh Kian Kiong acquired 149,600 shares for a consideration of S$18,452. At an average price of S$0.123 per share, this took his total interest from 20.51 per cent to 20.61 per cent. His preceding acquisition was back in December 2021, with 200,000 shares acquired at S$0.109 per share. Koh is one of the founders of the group and has more than 47 years of experience in the oil and gas industry. He oversees the formulation of the group&rsquo s corporate strategies and business expansion plans and continues to be instrumental to the group&rsquo s continued success and growth.

 

For its FY22 (ended Dec 30), the oil, gas, and energy integrated service provider and procurement specialist reported revenue surged 126 per cent to S$135 million from FY21, mainly due to improved sales from the trading business, which was contributed by a project with PT Gunanusa Utama Fabricators (PTG) in Indonesia. For its H1FY23, the group revenue of S$29 million was lower than the S$91 million revenue in H1FY22 because of lower sales from the trading segment in Indonesia after the completion of the project with PTG in FY22.

 

This was partially offset by higher sales from the trading segment in Thailand. According to Federal International (2000), its trading segment provides a range of products and services in the areas of oil and gas, power, petrochemical, and pharmaceutical industries. These include assembly and distribution of flowline control products, distribution of oilfield drilling equipment for use on onshore and offshore rigs and drilling platforms, provision of complete fire protection and detection systems, as well as electrical products. The company highlighted that while the H1FY23 gross profit of S$7.9 million was lower than the H1FY22 gross profit of S$11.6 million, in line with the lower sales recorded in H1FY23, its gross profit margin was higher at 27.6 per cent in H1FY23, compared to 12.7 per cent in H1FY22.

 

On Dec 6, Federal International (2000) Federal Int: BDU -0.92% (Federal) executive chairman and CEO Koh Kian Kiong acquired 200,000 shares of the listed company for a consideration of S$21,800.

 

At an average price of 10.9 cents per share, this took his total interest in Federal from 20.37 per cent to 20.51 per cent.

 

This was Koh' s first filed acquisition of Federal shares since Oct 21, 2020.

 

He is one of the founders of the group and has more than 46 years of experience in the oil and gas industry.

 

On Nov 11, Federal International (2000) Federal Int: BDU -6.09% executive director Maggie Koh acquired 100,000 shares of the company at 11.5 cents per share.

 

With a consideration of S$11,500, the acquisition took her direct interest in the integrated service provider and procurement specialist in the O& G and energy industries, from 0.3 per cent to 0.4 per cent.

 

On Oct 7, Federal International (2000) (Federal) executive chairman and CEO Koh Kian Kiong acquired 207,200 shares of the listed company for a consideration of S$32,738.

 

At an average price of 15.80 cents per share, this took his total interest in Federal from 20.04 per cent to 20.19 per cent.

 

Mr Koh' s total interest in Federal has gradually increased from 15.77 per cent at the beginning of 2016.

 

Mr Koh is one of the founders of the group and has more than 45 years of experience in the oil and gas industry.

 

He oversees the formulation of the group' s corporate strategies and expansion plans.

 

Between Aug 27 and 28, Federal International (2000) (Federal) executive chairman and CEO Koh Kian Kiong acquired 285,000 shares of the listed company for a consideration of S$46,413.

 

At an average price of 16.29 cents per share, this took his total interest in Federal from 19.84 per cent to 20.04 per cent.

 

His total interest in Federal has gradually increased from 15.77 per cent at the beginning of 2016.

 

Mr Koh is one of the founders of the group and has more than 45 years of experience in the oil and gas industry.

 

He oversees the formulation of the group' s corporate strategies and expansion plans and holds directorships in various subsidiaries and associated companies of the group.

 

Between July 2 and July 7, Federal International (2000) executive chairman and CEO Koh Kian Kiong acquired 74,700 shares of the listed company for a consideration of S$12,700. At an average price of 17 cents per share, this took Mr Koh' s total interest in Federal from 19.78 per cent to 19.83 per cent. Mr Koh' s total interest in Federal has gradually increased from 15.77 per cent at the beginning of 2016.

 

Mr Koh is one of the founders of the group and has more than 45 years of experience in the oil and gas industry. Mr. Koh oversees the formulation of the group' s corporate strategies and expansion plans and holds directorships in various subsidiaries and associated companies of the Group.

Federal International (2000)

 

Between May 28 and June 2, Federal International (2000) (Federal) executive chairman and chief executive Koh Kian Kiong acquired 34,900 shares of the listed company for a consideration of S$6,431.

 

At an average price of 18.4 cents per share, this took his total interest in Federal from 19.73 per cent to 19.76 per cent.

 

His total interest in Federal has gradually increased from 15.77 per cent at the beginning of 2016.

 

Mr Koh is one of the founders of the group and has more than 45 years of experience in the oil and gas industry. He oversees the formulation of the group' s corporate strategies and expansion plans and holds directorships in various subsidiaries and associated companies of the group.