Asian man invests in U Boat Worx

Jan 6, 2014 by Guest Writer

Holland-based manned submersibles company U-Boat Worx has a new investor, Exa Limited, a company owned by Tan Sri Lim Kok Thay, who leads the Genting Group, one of Malaysia’s largest conglomerates.

The partnership is aimed at advancing U-Boat Worx’ growth path, which includes increased production capacity, reduction of delivery times, and improvement of global support.

Exa Limited is the distributor in Asia Pacific for U-Boat Worx personal submersibles and will develop and implement a sales and marketing strategy and dealership network.