You are here

Manhattan Resources unit to sell two-thirds of vessel fleet for 170.6b rupiah

Wednesday, October 12, 2016 - 05:50

Singapore

A WHOLLY owned subsidiary of Manhattan Resources is selling two-thirds of its vessel fleet to PT Karunia Samudera Lines of Indonesia for 170.6 billion rupiah (S$18 million) in cash, according to an announcement on Tuesday after the market closed.

Manhattan, a coal and oil