Pacific Radiance lines up 2013 IPO

Singapore: OSV operator Pacific Radiance is gearing up for a listing in Singapore, SeaShip News understands, with June 2013 slated as the date for the IPO. Headed by the founder of Jaya Holdings, Ryan Pang, Pacific Radiance is involved in owning, management and building of OSVs. Its history dates back to 2002 when it started out as Strato Maritime Services. In 2006 it changed name as Pang left Jaya after 25 years and invested in the then four-year-old firm.  [21/09/12]


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