Although he maintains that he is risk-averse, the CEO is already gunning for inorganic expansion should the Hanwha deal fall through
DYNA-MAC chief executive officer Lim Ah Cheng – better known in the industry as AC Lim – deserves every accolade.
After taking the helm in 2020, he managed to bring the beleaguered offshore oil and gas contractor back from the brink of bankruptcy.
So much so that Dyna-Mac is now the subject of a voluntary conditional cash offer from South Korea’s Hanwha, which wants to take management control at S$0.60 per share.