OMS Group, with KKR support, contracts Royal IHC for cable-laying vessel construction to enhance global connectivity.

OMS Group, a Malaysian subsea digital infrastructure company supported by KKR, has contracted Dutch firm Royal IHC to build cable-laying vessels. This initiative aims to boost global connectivity in response to growing telecom demand. The first vessel is slated for delivery in Q1 2027. KKR previously invested $400 million in OMS Group in October 2021 to expand digital infrastructure in Southeast Asia.

October 28, 2024
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