Changes at Jaya Holdings


Singapore: Jaya Holdings has come up with a streamlining of the group's corporate structure which sees wholly-owned subsidiary, Jaya Logistics renamed as Jaya Offshore Support Services (JOSS). The following subsidiaries of the group are now directly owned by JOSS: JSE Shipping; JSE Offshore Shipping and Jaya Offshore Services.
Meanwhile, wholly-owned subsidiary, Java Marine Lines (JML), has executed a sale and purchase agreement with Batamindo Shipping & Warehousing, an associated company of Sembcorp Industries for the disposal of JML’s entire holding of 175,000 ordinary shares or 35% interest in Batamindo Carriers for S$290,850.  [06/02/13]

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