A few years ago, How Meng Hock was leading OMS when Sumitomo (former parent) wanted to liquidate it due to the o&g down cycle.
How Meng bought the division from them for $2mm in late 2023. He turned OMS around, secured an estimated $120-$200mm per annum deal with Saudi Aramco, and listed OMSE in the Nasdaq at a ~$350mm mkt cap.
How Meng didn’t sell a single share out of his ~60% ownership, despite the extraordinary results of his investment.
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