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Pacific Radiance spells out details of restructuring plan
Published Fri, May 18, 2018 · 09:50 PM
Singapore
OFFSHORE marine operator Pacific Radiance has shed light on a restructuring proposal that could usher in US$120 million of investment from potential investors by way of subscription of new ordinary shares.
The new shares will constitute up to 65 per cent of the enlarged shareholding of the post-restructuring group, it said on Friday.
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