PRESS RELEASE

Arkstar in Saudi

November 21, 2013

"Two wholly owned units of Hoe Leong Corp have won a three-year contract with a possible two-year extension to charter out a platform support vessel to a Saudi Arabia-based oil firm.

The Arkstar Voyager will support operations to transport supplies to offshore vessels in the Arabian Gulf.

Hoe Leong Corp shares last closed at 16.2 cents on Tuesday."

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