Asia
Shareholder trims stake in FSL Trust
Singapore: An important shareholder of Singapore’s First Ship Lease Trust (FSL Trust) has sold a slice of its holding. London-listed Eclectic Investment Company has revealed it is no longer a significant shareholder in the shipping trust which has a mixed fleet of 25 vessels.
Eclectic was revealed as a large shareholder in FSL last September when its shareholding went above 5%. [10/03/14]