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MTQ Corporation Names Kuah Kok Kim as Executive Chairman as Middle East Expansion Accelerates

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MTQ Corporation Limited announcement, Executive Moves

Kuah Kok Kim has been redesignated as Executive Chairman of MTQ Corporation Limited, effective October 1, 2025, marking a significant shift in the Singapore-based oilfield engineering company's leadership structure as it pursues expansion across the Middle East. The role represents a return to active executive management for Kuah, who previously served as Executive Chairman from 1997 to 2012 before transitioning to Non-Executive Chairman over the past 13 years.

MTQ's board approved the redesignation in light of Kuah's expanded responsibilities and strategic contributions to the group's growth. In his new Executive Chairman role, Kuah will provide strategic leadership and operational oversight across the group, with particular emphasis on supporting business development and operational growth in the Singapore and Middle East markets, including scaling the company's new United Arab Emirates facility. The board emphasized that Kuah's appointment reflects his proven leadership capabilities, ability to provide continuity during the expansion phase, and his sustained commitment to group matters. The Nomination and Remuneration Committee reviewed and recommended the redesignation, which received full board approval. Importantly, the company's Audit and Nomination and Remuneration Committees maintained their existing composition, signaling stability in governance mechanisms despite the change at the top.

Kuah joined MTQ's board on January 1, 1997, and was appointed Executive Chairman on September 9, 1997, serving as Chief Executive Officer until June 2010. His career has been built on extensive business experience accumulated over decades in the marine logistics and oil and gas industries. His appointment as Executive Chairman caps a long tenure with the company during which he has guided its transformation from a regional player into an integrated engineering solutions provider with significant operations spanning Singapore, Bahrain, the United Arab Emirates, Australia, and the United Kingdom. His deep institutional knowledge and industry relationships have been cited as assets of strategic value to the group's continued expansion.

MTQ Corporation, founded in 1959 and formerly known as Metalock Singapore Limited, provides engineering solutions for oilfield equipment across two main segments: Oilfield Engineering and Investment Holding. The company operates one of the Middle East's largest oilfield engineering facilities in Bahrain, spanning 8,000 square meters, where it manufactures, repairs, and services critical equipment including wellhead components, blow-out preventers, and drilling tools. MTQ serves original equipment manufacturers, drilling contractors, rig owners, and oil service companies globally. The company is listed on the Singapore Exchange under the ticker M05 and has recently resumed full operations at its Bahrain and UAE facilities following precautionary security suspensions earlier this year.

Kuah's elevation to Executive Chairman suggests the board believes active operational involvement is necessary to navigate the current expansion phase, particularly the scaling of the UAE facility and management of Middle East operations amid regional complexities. The move may be interpreted as a confidence statement in Kuah's ability to lead strategic initiatives during a period when the company is spreading its geographic footprint and managing operational growth across multiple jurisdictions. Some market observers view the shift from non-executive to executive chairman status as potentially signaling heightened executive oversight or new strategic directions, though the stability of core board committees may temper speculation about dramatic operational changes. The redesignation underscores MTQ's prioritization of continuity and institutional knowledge during an expansion cycle that demands experienced leadership attuned to regional dynamics and regulatory requirements in the oil and gas sector.