KKR-backed OMS Group to Boost Global Connectivity with New Cable-Laying Vessels

OMS Group, a Malaysian subsea digital infrastructure company backed by KKR, announced on Monday that it has signed a contract with Dutch maritime firm Royal IHC to construct a series of cable-laying vessels. In a statement, OMS noted that these new vessels will address the increasing telecom demand and enhance global connectivity, with the first vessel set for delivery in the first quarter of 2027.

The financial details and the total number of vessels to be built were not disclosed. Last October, KKR invested $400 million in OMS Group to support its expansion in the digital infrastructure sector in Southeast Asia. OMS is listed as a portfolio company on KKR’s website.

Furthermore, in June, OMS secured $292.5 million in loans from financial institutions including HSBC, E-Sun Commercial Bank and SinoPac, with assistance from KKR.