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JES to acquire 51% stake in Scibois

Saturday, July 5, 2014 - 06:00

Singapore MAINBOARD-listed JES International, a Chinese shipbuilding firm, announced yesterday that it has entered into a deal to buy 51 per cent of Scibois Co Limited. The sale and purchase agreement was signed with the current owners, father-and-son pair Yang Shushan and Yang Nan. Scibois owns

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