Monday, September 19, 2011

Nam Cheong JV to buy intact fleet for $35m

Nam Cheong entered a joint venture pact with PT Bahtera Niagra Internasional, Carimin Sdn Bhd and CTNS Marine Sdn Bhd to acquire Intact Fleet Sdn Bhd for about 88 million ringgit ($35.4 million), accoridng to a regulatory filing.

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