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Vietnamese investors plan to inject shipyard asset for 96% stake in EMS Energy
Published Thu, Jan 3, 2019 · 09:50 PM
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Singapore
OFFSHORE and marine engineering company EMS Energy has entered into a binding memorandum of understanding (MOU) to acquire a 52.76 per cent stake in Vietnamese shipyard Nosco Shipyard Joint Stock Company for an expected S$16.6 million in shares.
The Nosco stake is being sold by NVS Holdings, a company controlled by EMS chairman and chief executiv…
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