Swissco vessel sale to go ahead without needing shareholders' approval
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
