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Controlling unitholder of FSL Trust to divest all shares in its sponsor

Published Thu, Dec 21, 2017 · 09:50 PM
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Singapore

THE controlling unitholder of FSL Trust is looking to divest all its shares in FSL Holdings, which is the sponsor of the shipping trust.

The trustee-manager of FSL Trust said after Thursday's trading close that Godan GMBH is in discussion with short-listed strategic investors for a potential sale of all of its shares in FSL Holdings.

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