Courage Marine buying into Singaporean property

Singapore: Singapore-listed Courage Marine has announced its intention to acquire a 10% stake in Santarli Realty from Santarli Corporation as part of plans to diversify earnings. Santarli is developing property in Singapore’s Phang Geck Avenue. The Hsu family controlled firm has seen results nosedive in the current shipping slump.  

For more on Courage Marine check out our cover story from the most recent issue of SinoShip Magazine available free on this site. [18/09/12]

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