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Swissco vessel sale to go ahead without needing shareholders' approval
Published Mon, May 8, 2017 · 09:50 PM
Singapore
INTERNATIONAL marine company Swissco Holdings has been waived from the requirement to obtain shareholders' approval for the proposed sale of Coral Knight vessel by its subsidiary, Swissco Offshore, to Australian Maritime Systems Asset Holdings Pty Ltd (AMSA).
The judicial managers of the group said in a Singapore Exchange (SGX) filing on Monday that SGX has not objected to its waiver application concerning the proposed disposal.
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