Go Marine sells seven vessels for $10m

Singapore: Otto Marine’s 90% owned subsidiary, GoMarine has entered into a memorandum of agreement to sell seven vessels to RSOV Marine for $10m.
Yaw Chee Siew, the company’s executive chairman and controlling shareholder, owns a 29% interest in the issued and paid-up share capital of the buyer, with the remainder held by an unrelated third party.  [06/01/14]

Back to top button